Gujarat High Court Orders IGST Refund on Ocean Freight Within 6 Weeks

Many importers had filed the refund claims after the Supreme Court order, but their claims are still stuck. "It is directed that if any IGST amount is collected, the same shall be refunded within six weeks along with statutory rate of interest," Justice NV Anjaria said, while admitting the petition by Louis Dreyfus Company India Pvt Ltd Vs Union of India.

from Banking/Finance-Industry-Economic Times https://ift.tt/OYKy2UW