Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
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Interest on refunded IGST collected on ocean freight for July 2017 to March 2021 is to be granted in accordance with the principles specified in Paradeep Phosphates Ltd. The claim was treated as identical to that precedent, and the authorities were directed to pay the applicable interest within six weeks. The operative relief concerns interest on the refund of illegally collected IGST, rather than the refund entitlement itself.
Interest on refunded IGST collected on ocean freight for July 2017 to March 2021 is to be granted in accordance with the principles specified in Paradeep Phosphates Ltd. The claim was treated as identical to that precedent, and the authorities were directed to pay the applicable interest within six weeks. The operative relief concerns interest on the refund of illegally collected IGST, rather than the refund entitlement itself.
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