HC Ruling Stayed by SC cannot be used as a Precedent to allow Appeal: Calcutta HC sets aside CESTAT’s Order [Read Order]

The decision was held in an appeal filed against the CESTAT’s order, which heavily relied on a precedent that was stayed by the Supreme Court.
Calcutta HC - Calcutta High Court - Calcutta HC Sets - SC - Supreme Court - High Court Rulings - CESTAT - taxscan

The Calcutta High Court in a recent case held that High Court Rulings stayed by the Supreme Court cannot be used as a precedent to base decisions as long as the Supreme Court hasn’t delivered its final verdict on the matter. The case began with an appeal by M/s Rustech Products Private Limited, the assessee…

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