High Court directs SBI to pay ₹ 215.11 crore GST to AP government
The Hindu
It allows the bank to seek alternate remedy from appellate forum concerned.
A division bench of the Andhra Pradesh (AP) High Court comprising Justices U. Durga Prasad Rao and B. Krishna Mohan refused to entertain a Writ Petition (WP) filed by the State Bank of India (SBI) against an obligation to pay ₹ 215.11 crore towards under-declared GST to the Government of AP on an exempted turnover and directed it to seek an alternate remedy from the appellate forum concerned. The SBI had filed the WP challenging an order of assessment issued by the Deputy Commissioner of State Tax (Audit, No.1 Division, Vijayawada), wherein the bank was held liable to pay GST to the tune of ₹ 215,10,75,375. The bank had primarily contended that it was not liable to pay any tax since it was not rendering any service while levying penal interest on defaulters.
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