Apar Industries Limited Vs. Union Of India
Date: October 24, 2018
Subject Matter
Payment of interest on delayed refunds due to SB005 error; Petitioner to file a representation to the Adjudicating Authority
Summary
Writ Petition was filed by the Petitioner for non- payment of interest on the amount of Rs.52.52 Crores of refund already granted to it as well as the refund of the balance amount of Rs.2.35 Crores together with interest thereon in respect of tax pai…
This Petition under Article 226 of the Constitution of India, originally seeks a refund of Rs.52.97 Crores along with interest thereon under Section 56 of the Central Goods & Service Tax Act (the Act). Besides, seeking an interest on delayed refund of Rs. 1.90 Crores which was already granted to the Petitioner. These refunds arose on account of tax paid in respect of exported goods under Secti…