Anita Agarwal (Prop: Shanker International) Vs Union of India
Date: November 13, 2024
Court: High Court
Bench: Bombay
Type: Writ Petition
Judge(s)/Member(s): M. S. Sonak & Jitendra Jain
Subject Matter
Interest on delayed refunds is payable as per section 56 of the CGST Act.
Summary
In this case, the Petitioner, an exporter of various goods, sought interest on a delayed refund of Integrated Goods and Services Tax (IGST) amounting to Rs. 3.21 crore, which was applied for via shipping bills filed between August 2018 and July 2019.…
FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT 1. Rule. The rule is made returnable immediately at the request and consent of the learned counsel for the parties. 2. By this petition under Article 226 of the Constitution of India, the Petitioner seeks interest on delayed payment of refund of tax as per Section 56 of the Central Goods and Services Tax Act, 2017 (“CGST Act”). Brief…