The Court was hearing a plea seeking directions to categorise air-purifiers as 'medical device' and slash the Goods and Services Tax (GST) levied on them from 18 to 5 percent
The Court set aside a trial court order refusing disclosure of the investigation report sought by Siddharth Shankar, an accused in a criminal complaint filed by SEBI.
As per the petition filed by advocate Kapil Madan, air-purifiers cannot be treated as luxury considering the “extreme emergency crisis” caused by dire air pollution in Delhi.
His counsel argued that such quotes could seriously jeopardise his credibility as a broadcaster and cricket commentator as it pertains to current affairs.
Solicitor General Tushar Mehta, appearing for ED, said that if the trial court judgment is allowed to stand, it will render the Prevention of Money Laundering Act (PMLA) redundant.
Advocate Sachin Bajpai filed a plea in the High Court stating that CBI summoned him and wanted to record his statement for sending an email on behalf of his client.