Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
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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