Icici Bank Ltd. v. Commissioner Of Trade And Taxes Delhi

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI 37.

+ ST.APPL. 3/2016 ICICI BANK LTD.

..... Petitioner Through: Mr.M.P. Devnath, Mr. Abhishek Anand Mr. Yogendra Aldak, Advocates.

versus COMMISSIONER OF TRADE AND TAXES DELHI ..... Respondent Through: Mr. Satyakam, Additional Standing counsel

CORAM:

JUSTICE S.MURALIDHAR JUSTICE VIBHU BAKHRU

O R D E R

% 22.03.2016 CM No. 10748 of 2016(exemption)

1. Allowed subject to all just exceptions.

2.The application is disposed of.

ST APPL No. 3 of 2016 & CM No.10747 of 2016

3. In view of the decision of this Court in Citi Bank v. Commissioner of Sales Tax (2016 )88 VST 246 (Del), wherein it has been held that disposal by auction of the cars hypothecated with a bank and repossessed by it would attract sales tax, this appeal is dismissed.

S.MURALIDHAR, J VIBHU BAKHRU, J MARCH 22, 2016/mg