Relief for Indian Oil: Patna HC Quashes ₹5,463 Cr Sales Tax Demand Over Antedated Ex Parte Order [Read Order]

Patna High Court quashes Rs. 5,463 crore sales tax demand against Indian Oil, calling the reassessment order antedated and time-barred

By Kavi Priya - On March 19, 2025 12:51 pm - 2 mins read

Sales Tax Demand - Patna High court - Ex Parte Order - Relief for Indian Oil - TAXSCAN

In a recent ruling, the Patna High Court quashed Rs. 5,463 crore sales tax demand against Indian Oil Corporation Ltd. (IOCL) citing that the reassessment order was antedated and time-barred. Indian Oil Corporation Ltd. (IOCL), the petitioner had challenged the assessment order dated 21.02.2019, issued under Section 17(3) of the Bihar Finance Act, 1981, for…

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