M/S INDIAN OIL CORPORATION LIMITED vs COMMR.OF SALES TAX .

The Supreme Court directed the Assistant Commissioner of Sales Tax, Cuttack, to hear and dispose of the pending First Appeal within three months, emphasizing the need for timely resolution in tax matters. The Court noted that Bharat Petroleum Corporation Ltd. (BPCL) provided an undertaking to pay any tax due with interest as per the Orissa Sales Tax Act, 1947, should the Department succeed in the appeal. The Court refrained from making any observations on whether the transactions constituted PDS sales, and no coercive steps were to be taken pending the appeal.