HC/SC Judgments · Batch 38

By topic: Arbitration & Commercial Disputes (1) · Insolvency & IBC (2) · Banking & Financial Regulation (2) · Income Tax (2) · State VAT & Excise (2) · Customs, Excise & Service Tax (3) · Banking, SARFAESI & Debt Recovery (2) · GST (1) · Judgment hub · Search judgments

15 court rulings, each linked to its complete public judgment copy. Decisions dated 2026-09-17 to 2026-10-15. Also see: Batch 35 (50) · Batch 36 (50) · Batch 37 (41).

1. M/s Sharma Enterprises v. National Building Construction Corporation
   Supreme Court of India · 2026-10-15 · Civil Appeal No. 13782 of 2026 · a contract clause refusing any claim for interest "or otherwise" bars an arbitrator from awarding pre-reference and pendente lite interest.
2. Assistant Commissioner of Central Tax, CGST Division v. Sreenivasa Rao Ravinuthala & Anr.
   Supreme Court of India · 2026-10-14 · Civil Appeal No. 7882 of 2023 · limitation for a Supreme Court appeal under section 62 of the IBC runs from the NCLAT's pronouncement, not receipt of the copy.
3. Diageo Holdings Netherlands B.V. v. State Bank of India & Ors.
   Karnataka High Court · 2026-10-14 · W.P. No. 50695 of 2018 connected with W.P. No. 43105 of 2017 · a pledge of United Breweries shares was held to rank ahead of banks holding only a personal guarantee and a no-encumbrance covenant.
4. Orissa Rural Housing Development Corporation Limited v. Assistant Commissioner of Income Tax
   Supreme Court of India · 2026-10-08 · Civil Appeal Nos. 7249-7250 of 2015 · a fresh deduction claim cannot be raised in revision under section 264 without a revised return filed in time.
5. Sri Veera Venkata Satyanarayana Modern Rice Mill v. Commercial Tax Officer & Ors.
   Andhra Pradesh High Court · 2026-10-08 · W.P. No. 30640 of 2016 with 31 connected petitions · a Full Bench held Form H for an export-linked sale is due by the first assessment; the three-month rule for Forms C and F does not apply.
6. Bhadrashree Steel & Power Ltd. v. State of Maharashtra & Ors.
   Bombay High Court · 2026-10-09 · Writ Petition No. 1094 of 2022 · stamp duty on assets sold by an IBC liquidator is payable on the auction price in the sale certificate, not on the circle-rate value.
7. Pernod Ricard India Pvt. Ltd. v. Assistant Commissioner of Income Tax, Central Circle-31 & Anr.
   Delhi High Court · 2026-10-08 · W.P.(C) No. 5162 of 2022 · a reassessment notice based on a gap between VAT-return turnover and the books was upheld; the explanation is for the Assessing Officer.
8. Bank of India & Ors. v. Kerala State Nirmithi Kendra
   Kerala High Court · 2026-10-13 · Writ Appeal No. 1421 of 2026 · a state body could not close non-callable bank deposits early; a writ petition on the scheme's terms and disputed facts was not maintainable.
9. Commissioner of GST & Central Excise v. Ascendas IT Park (Chennai) Ltd.
   Madras High Court · 2026-10-12 · Civil Miscellaneous Appeal No. 1374 of 2018 · an IT park keeps full CENVAT credit under Rule 6(5) on maintenance services, but must pay service tax on fit-outs in leases despite VAT.
10. Vedant Fashions Pvt. Ltd. v. State of Tamil Nadu
    Madras High Court · 2026-10-07 · Tax Case Nos. 50 to 52 of 2019 · dupattas are woven fabric falling in the exempt fabric entries of the Tamil Nadu VAT Act, not in the fibres entry taxed at four per cent.
11. G. Mahimaiah v. Chief Manager, State Bank of Mysore
    Karnataka High Court · 2026-09-29 · W.P. No. 18566 of 2022 · an auction purchaser could not claim interest for the period before possession, after the consumer forum found no default by the bank.
12. Forever Exim India Pvt. Ltd. v. Central Board of Indirect Taxes & Customs & Anr.
    Delhi High Court · 2026-10-08 · W.P.(C) No. 17753 of 2024 · restoration of a GST writ was refused; the petitioner may appeal and seek exemption from pre-deposit for overlapping demands.
13. M/s Pradeep Industries & Ors. v. Union of India & Ors.
    Delhi High Court · 2026-10-09 · W.P.(C) No. 11150 of 2025 · the Delhi High Court cannot hear a challenge to goods seized at ICD Dadri, which fall under the Customs Commissioner, Noida.
14. Nancy Trading Company v. Principal Commissioner of Customs (Import), ICD Tughlakabad
    Delhi High Court · 2026-10-09 · CUSAA No. 151 of 2026 · a delay of 694 days in a customs appeal was not condoned where a spouse's illness and a counsel's calls did not explain two years of inaction.
15. International Asset Reconstruction Co. Pvt. Ltd. v. Jayant Vitamins Ltd. & Anr.
    Supreme Court of India · 2026-09-17 · Civil Appeal arising out of SLP(C) No. 12913 of 2024 · the Supreme Court held a SARFAESI action cannot be taken to a civil court or criminal court for damages; only the DRT can rule on it.