GOA SHIPYARD LIMITED v. SHOFT SHIPYARD PVT. LIMITED – BOMBAY HIGH COURT
High Court, Bombay
Valmiki SA Menezes, Justice
GOA SHIPYARD LIMITED
v.
SHOFT SHIPYARD PVT. LIMITED
WRIT PETITION No. 770 of 2024 WITH WRIT PETITION No. 771 of 2024 WITH WRIT PETITION No. 773 of 2024 WITH WRIT PETITION No. 776 of 2024 WITH WRIT PETITION No. 777 of 2024 dated 06.08.2025
Law : GST
Act Name : Central Goods & Service Tax Act, 2017
Decision : In favour of assessee
Levy of GST – Execution of arbitral awards – Executing Court directed Judgment debtor to pay GST @ 18% on part payment of interest awarded under arbitral awards – During pendency of writ petitions, respondent/decree-holder sought advance ruling – Gujarat Authority for Advance Ruling held no GST payable on “interest awarded under arbitration” and “costs awarded under arbitration” – Held: In view of ruling, direction of Executing Court to pay GST unsustainable – Orders quashed and set aside – Executing Court free to proceed with execution of arbitral awards in accordance with law.
Represented By:
Counsel for the Petitioner: S.D. Padiyar, Senior Advocate with Gaurish Agni & Prayash Shirodkar, Advocates
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