Statutory Interest On Delayed GST Refund : Whether Paid Or Not To Applicant– Gujarat High Court.

The Hon’ble High Court of Gujarat vide its order dated 9th March 2022 in the matter of M/s SNG Impex Through Proprietor Satya Narayan Gupta Vs. Principal Commissioner of Customs in R/Special Civil Application No. 141 of 2022 directed the respondents to make the payment of interest where Goods were exported at Zero Rated Supply from the date of shipping uptill the dated of refund paid to the petitioner.

The writ applicant preferred the writ application before the Hon’ble High Court seeking directions to the respondents to immediate sanction the IGST refund of Rs. 7,69,093/- paid in respect of the goods exported at zero rated supply through shipping bills mentioned therein.  Further directions were sought for directing the respondents to pay interest @12% from date of shipping bills uptill the date of payment of refund amount to the petitioner. To read more subscribe today: www.taxo.online

 

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