Demand raised despite admission of non-liability in GST notice: HC remands case back

Frontline Wind Energy Private Limited Vs Assistant Commissioner (ST) (Madras High Court) In a recent ruling Hon’ble Madras HC remanded back the matter after observing that department issued 2nd notice after considering the reply of petitioner in response to 1st notice where department admitted that petitioner is not liable to pay tax. Petitioner purchased a Wind Electric Generator Park consisting of 20 Wind Mills under Slump Sale Agreemen. Thereafter business was sold under Sale of business Agreement for a sale consideration of Rs.9,50,00,000/-. Department issued notice in which it was p...