Extended period cannot be invoked as appellant is government company

Central Registry of Securitisation Vs Principal Commissioner CGST (CESTAT Delhi)

CESTAT Delhi held that when a government company is involved there will be a rebuttable presumption regarding non­existence of any of the ingredients mentioned in the proviso to section 73(1) of the Finance Act. Accordingly, extended period of limitation couldn’t be invoked.

Facts- M/s. Central Registry of Securitisation, Asset Reconstruction and Security Interest of India has filed this ap

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