Duty scrip treated as Turnover without opportunity to petitioner: HC directs fresh order

Larsen & Toubro Limited Vs Assistant Commissioner (ST)(FAC) (Madras High Court)

In a significant ruling, the Madras High Court has directed a fresh order concerning the treatment of duty scrip as turnover, following Larsen & Toubro Limited’s dispute with the Assistant Commissioner.

An order dated 30.12.2023, pertaining to the assessment period 2017-18, is challenged in W.P. No.8559 of 2024. Another order rejecting the rectification petition is challenged in W.P.No.8607 of 2024.

After the issuance of intimation dated 30.06.202

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