Hdfc Bank Limited v. State of Maharashtra and 2 Others
Case brief
What is this about?
High Court held petition challenging VAT notification on bank repossessions premature. No adjudication initiated yet. Constitutionality challenge kept open pending revenue decision on dealer/seller interpretation.
What the court decided
704-17-WP-22=.doc
Uday S. Jagtap
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION NO. 704 OF 2017
HDFC Bank Ltd.
.. Petitioners
v/s.
State of Maharashtra & Ors.
..Respondents
Mr. N. Venkatraman, Senior Counsel a/w Mr. Shammi Kapoor, Mr. Arnab Roy, Mr. Melvyn Fernandes, Ms. Pratiksha Agrawal I/b Vaish Associates for the petitioners
Mr. V.A. Sonpal, Special Counsel a/w Ms. Jyoti Chavan, AGP for respondent nos 1 to 3
CORAM : M.S. SANKLECHA &
RIYAZ I. CHAGLA, J.J.
Issues for consideration
3 issues framed by the court
Whether writ jurisdiction can be exercised to declare a notification imposing VAT on bank repossessions unconstitutional before adjudication proceedings commence.
Whether the challenge premature until revenue authorities issue notice and pass order on interpretation of 'Dealer' and 'Seller' under MVAT Act.
Whether constitutional validity of Entry No.82B can be kept open for future argument if adjudication liability is established.
Parties & counsel
- petitioner
HDFC Bank Ltd.
- respondent
State of Maharashtra
Coram
M.S. Sanklecha
Case details
As recorded by the court registry
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