COMNR. OF TAXES, GUWAHATI . vs BONGAIGAON REFINERY & PETROCHEMICALS LTD — C.A. No. 919 - 942/2000

Summary: The Supreme Court dismissed the Commissioner of Taxes' appeals challenging the High Court's March 8, 1999 judgment. The court held that the Oil Co-ordination Committee's retention price fixed on Bongaigaon Refinery's sales is a government compensation or subsidy, not taxable sales price. Applying the Neyveli Lignite precedent, the court found no infirmity in the High Court's reasoning and dismissed all appeals with no order as to costs. This case analysis is maintained by casestatus.in based on publicly available court records.