Primetals Technologies India Private ... vs Steel Authority Of India Limited & Ors
Judges (1)
Counsel (7)
Case Significance
Primetals Technologies India Private ... vs Steel Authority Of India Limited ... is a Delhi High Court decision dated February 23, 2026 (citation: ik-150932662). Primetals Technologies challenged an arbitral award that allowed SAIL to deduct Rs 1.07 crore for shortfall in Minimum Guaranteed CENVAT Credit from invoices under a Rs 18.45 crore power supply installation contract at Bhilai Steel Plant. The court found that the contract contained no clause permitting deduction for MGCC shortfall, only a provision for non-reimbursement of duty upon failure to produce documents, and the arbitrator relied on a non-existent contractual term. The arbitral award The case was heard by Justice Avneesh Jhingan.
Summary
Primetals Technologies challenged an arbitral award that allowed SAIL to deduct Rs 1.07 crore for shortfall in Minimum Guaranteed CENVAT Credit from invoices under a Rs 18.45 crore power supply installation contract at Bhilai Steel Plant. The court found that the contract contained no clause permitting deduction for MGCC shortfall, only a provision for non-reimbursement of duty upon failure to produce documents, and the arbitrator relied on a non-existent contractual term. The arbitral award was set aside for patent illegality.
What was the outcome of Primetals Technologies India Private ... vs Steel Authority Of India Limited ...?
Primetals Technologies challenged an arbitral award that allowed SAIL to deduct Rs 1.07 crore for shortfall in Minimum Guaranteed CENVAT Credit from invoices under a Rs 18.45 crore power supply instal...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-150932662)