The Calcutta High Court has dismissed multiple writ petitions filed by Tata Steel Limited (formerly Tata Steel BSL Limited) challenging a common order passed by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) that had held appeals to have abated following the corporate insolvency of the petitioner’s erstwhile entity, Bhusan Steel Ltd. (BSL).
The petitions concerned CENVAT credit issues where BSL had taken credit on steel structures, parts, accessories, and cement, which were later disputed by tax authorities through several show-cause notices issued between 2005-2009. These led to orders disallowing CENVAT credit to the extent of approximately Rs. 145.5 crore.