Delhi HC Issues Notice in NBCC’s GST Demand Challenge; Directs MoUD & Finance Ministry to Resolve Dispute

NBCC (India) Limited Vs Additional Commissioner CGST Delhi South (Delhi High Court) Delhi High Court has intervened in a dispute concerning a Goods and Services Tax (GST) demand raised by the Directorate General of GST Intelligence (DGGI) on M/s NBCC (India) Limited. The demand pertains to funds held in an ESCROW account, which NBCC maintains for the re-development of the Kidwai Nagar (East) area and are ultimately intended for the Ministry of Urban Development (MoUD) or the Consolidated Funds of India. NBCC (India) Limited, the petitioner, developed the Kidwai Nagar (East) project for residen...