Steel Authority Of India Limited vs Primetals Technologies India Pvt. Ltd

ik-181133389 Delhi High Court 18 February 2026 • 12 min read

Judges (1)

Avneesh Jhingan Delivered

Counsel (5)

Keshri Kumar Counsel Respondent Rajesh Markanda Counsel Respondent Rajshekhar Rao Counsel Petitioner Samaksh Goyal Counsel Petitioner Saurav Markanda Counsel Respondent

Parties (2)

Primetals Technologies India Pvt. Ltd Respondent Steel Authority Of India Limited Petitioner

Case Significance

Steel Authority Of India Limited vs Primetals Technologies India Pvt. Ltd is a Delhi High Court decision dated February 18, 2026 (citation: ik-181133389). SAIL challenged an arbitral award concerning CENVAT credit (MGCC) deductions under a contract for setting up a Hot Dip Galvanising Line and Electrolytic Cleaning Line, with a total contract value exceeding Rs 290 crore. The arbitral tribunal had relied on an earlier Delhi High Court decision between the same parties which upheld the respondent's position, and the SLP against that decision was dismissed by the Supreme Court. The court found the tribunal's conclusion was plausible and not vitia The case was heard by Justice Avneesh Jhingan. Counsel appearing: Keshri Kumar (counsel for respondent), Rajesh Markanda (counsel for respondent), Rajshekhar Rao (counsel for petitioner), Samaksh Goyal (counsel for petitioner), Saurav Markanda (counsel for respondent).

Summary

SAIL challenged an arbitral award concerning CENVAT credit (MGCC) deductions under a contract for setting up a Hot Dip Galvanising Line and Electrolytic Cleaning Line, with a total contract value exceeding Rs 290 crore. The arbitral tribunal had relied on an earlier Delhi High Court decision between the same parties which upheld the respondent's position, and the SLP against that decision was dismissed by the Supreme Court. The court found the tribunal's conclusion was plausible and not vitiated by patent illegality, perversity, or conflict with public policy, and dismissed the Section 34 petition.

What was the outcome of Steel Authority Of India Limited vs Primetals Technologies India Pvt. Ltd?

SAIL challenged an arbitral award concerning CENVAT credit (MGCC) deductions under a contract for setting up a Hot Dip Galvanising Line and Electrolytic Cleaning Line, with a total contract value exce...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-181133389)