Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Claim of interest on delayed refund - The claim was rejected on the ground that the amount was recredited to the credit ledger - High court found this contention incorrect since the petitioner was eligible for an SGST refund, indicating that the delay in recrediting was unreasonable. Section 56 of the CGST Act entitles a taxpayer to interest on delayed refunds if not processed within sixty days of the application. - Interest @6% to be granted.
Claim of interest on delayed refund - The claim was rejected on the ground that the amount was recredited to the credit ledger - High court found this contention incorrect since the petitioner was eligible for an SGST refund, indicating that the delay in recrediting was unreasonable. Section 56 of the CGST Act entitles a taxpayer to interest on delayed refunds if not processed within sixty days of the application. - Interest @6% to be granted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4788
Join Channel
TaxTMI 
