Order quashed as pre-condition for best judgement assessment u/s. 23(2) of MVAT Act not satisfied: Bombay HC

B. G. Exploration and Production India Limited Vs State of Maharashtra (Bombay High Court)

Bombay High Court held that best judgment assessment u/s. 23(2) of the MVAT Act can be passed provided registered dealer fails to comply with the terms of any show cause notice. Since the pre-conditions are not satisfied, best judgement assessment passed is liable to be quashed.

Facts- Petitioner is in the business of exploration of petroleum resources in ‘Panna and Mukta’ and ‘Mid and South Tapti’ fields off the coast of Mumbai. The area where Petitioner opera

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