Case Law Details
Magnamind Ventures (P) Ltd. Vs State of Kerala (Kerala High Court)
Kerala High Court two Judge bench upheld the GST registration cancellation of the Appellant which was cancelled by Department as The appellant had been delaying payment of Central Goods and Services tax as also the State Goods and Services Tax from year 2017 onwards. Payments were made with long delay, on which no action was taken. However, when there was consistent default and the dues mounted uncontrollably.
The learned Single Judge refused to exercise discretion since the petitioner could pay the entire defaulted amounts and revive the registration.
Before the 2 Judge Bench of High Court Appellant agreed to pay dues in installments and will pay at least Rs.30 lakhs by May end. It was further directed to appellant to ensure payment of the said amounts before 15.06.2020. But Appellant failed to pay the amount so High Court upheld the order of learned Single Judge who refused to exercise discretion in this case. Please become a Premium member. If you are already a Premium member, login here to access the full content.
