In Brief
Indian Oil Corporation challenged demand notices for interest on Entry Tax levied under the U.P. Tax on Entry of Goods into Local Areas Act, 2007, contending the levy violated Article 301 (freedom of trade) in Part XIII of the Constitution. The High Court had dismissed the writ petition. The Supreme Court set aside that judgment and remitted the matter to the High Court for fresh consideration on merits, directing examination of whether the interest demand was legally sound and whether the tax regime was constitutionally valid, including the effect of the Court's interim order directing deposit of the tax in an interest-bearing account.
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