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GST - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Interest on delayed refund of IGST paid on export of the goods ...

July 13, 2023

Case Laws     GST     HC

Interest on delayed refund of IGST paid on export of the goods along with duty drawback - The refund of the petitioner was withheld for almost six months and after six months, petitioner was put in the category of ‘Risky Exporter’ without providing any reason - The provision of section 56 entitles the petitioner to claim interest on the delayed refunds. - Direction for release of the refund and interest on delayed refund issued. - HC

 

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