Delhi HC allows Litecon Industries to deposit principal profiteered amount in instalments, lists matter on December 21

Delhi HC allows ‘Litecon Industries Pvt. Ltd.’ to deposit balance principal profiteered amount i.e. after deduction of GST already paid to the Department in 6 equated instalments; Stays payment of interest as well as penalty proceedings; Notes that the Petitioner has filed the petition against NAA’s order dated April 13, 2020 [TS-286-NAA-2020-NT] which upheld profiteering against Petitioner on sale of fly ash blocks to its customers and also challenged the con...