2024 (9) TMI 600

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....Assessment Year 2017- 2018. 3. The case of the petitioner is that the impugned Assessment Order has been in gross violation of principle of natural justice and also suffers from want of jurisdiction. 4. Learned counsel for the petitioner would submit that a portion of the turnover relates to pre-GST era and for the remaining portion, the tax liability was paid by the petitioner on 11.01.2021 along with interest. 5. Learned counsel for the petitioner would further submit that the second respondent has issued Show Cause Notice dated 11.02.2021 to the petitioner, to which, the petitioner replied on 15.03.2021, requesting three weeks time. Pursuant to the said reply, the second respondent issued a notice on 22.03.2021, fixing the date of per....

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....ross violation of the principles of natural justice. 10. Learned counsel for the petitioner would submit that the petitioner has also closed down the business in 2019 and that the petitioner is also not having any other source of income but has been mulct with a huge tax liability of Rs. 5,32,45,970/- for no fault of the petitioner. 11. It is submitted that the petitioner cannot be found fault with on account of failure of the supplier to file statutory returns as is contemplated under the respective GST enactments and the rules made thereunder. As far as the denial of Input Tax Credit on the ground that the supply was without the actual supply of goods is concerned, it is submitted that the petitioner was engaged in the business of Iron ....