IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH Sr. No. 139 CWP-8724-2026 Date of decision : 06.04.2026 Sabiha Research & Development Ltd. .…. Petitioner Versus Excise and Taxation Officer, Punjab and another ..... Respondents CORAM : HON'BLE MR. JUSTICE DEEPAK SIBAL HON'BLE MS. JUSTICE LAPITA BANERJI Present : Mr. Shreenath A. Khemka, Advocate, for the petitioner. Mr. Sourabh Kapoor, Addl. A. G., Punjab. * * * * * DEEPAK SIBAL, J. (Oral) 1. At the outset, learned State counsel submits that the impugned demand, through rectification order dated 20.03.2026 stands dropped and the petitioner’s blocked ITC amounts shall be released within one month from today. 2. The above statement made by learned State counsel satisfies learned counsel for the petitioner. 3. Disposed of. [DEEPAK SIBAL] JUDGE 06.04.2026 [LAPITA BANERJI] shamsher JUDGE Whether speaking/reasoned : Yes / No Whether reportable : Yes / No SHAMSHER SINGH 2026.04.09 09:22 I attest to the accuracy and integrity of this document Punjab and haryana high court, chandigarh