Nabha Power Limited vs Punjab State Power Corporation Ltd

insc-2024-833 Supreme Court of India 5 November 2024 • CIVIL APPEAL NO. 8478 OF 2014 • 53 min read

Judges (3)

B.R. Gavai Coram K.V. Viswanathan Delivered Prashant Kumar Mishra Coram

Parties (2)

Nabha Power Limited Appellant Punjab State Power Corporation Limited Respondent

Case Significance

Nabha Power Limited vs Punjab State Power Corporation Ltd is a Supreme Court of India decision dated November 5, 2024 (citation: insc-2024-833). Nabha Power challenged the APTEL order confirming that Mega Power Policy customs duty exemption benefits would apply only from the date of formal grant of Mega Power Status (30.07.2010), not retrospectively from the 01.10.2009 Press Release announcing the Cabinet decision. The Supreme Court dismissed the appeal, holding the Press Release was not 'law' under the Mega Power Policy and benefits accrue only upon formal status grant. The bench comprised Justices B.R. Gavai, K.V. Viswanathan and Prashant Kumar Mishra. The judgment was delivered by Justice K.V. Viswanathan.

Summary

Nabha Power challenged the APTEL order confirming that Mega Power Policy customs duty exemption benefits would apply only from the date of formal grant of Mega Power Status (30.07.2010), not retrospectively from the 01.10.2009 Press Release announcing the Cabinet decision. The Supreme Court dismissed the appeal, holding the Press Release was not 'law' under the Mega Power Policy and benefits accrue only upon formal status grant.

What was the outcome of Nabha Power Limited vs Punjab State Power Corporation Ltd?

Nabha Power challenged the APTEL order confirming that Mega Power Policy customs duty exemption benefits would apply only from the date of formal grant of Mega Power Status (30.07.2010), not retrospec...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (insc-2024-833)