Inordinate delay of 9 years much beyond time limit u/s. 73(4B) of Finance Act not condoned

L. R. Sharma And Co Vs Union of India & Ors. (Delhi High Court) Delhi High Court held that inordinate delay of 9 years in prosecuting the case is not justified since the same is much beyond the time limit prescribed under section 73(4B) of the Finance Act, 1994. Accordingly, delay not condoned and hearing notice quashed. Facts- A Show Cause Notice dated 21.04.2015 demanding a total service tax of ₹6,90,07,865/- for the period 2012-13 and 2013-14, under proviso to Section 73(1) of the Finance Act, 1994 along with interest and penalties was issued to the petitioner. Notably, despite the he...