Syschem India Limited Vs Union Of India
Date: November 17, 2022
Subject Matter
Interest payable on delayed IGST refunds on account of errors in shipping bills
Summary
Interest will be paid on the shipping bills, the details with regard to which are given against Serial Nos.1 and 3 to 17, at the rate of 6 percent p.a., commencing from 24.05.2021, till the date of remittance.Insofar as the shipping bill against seri…
1. On the previous date i.e., 30.08.2022, we had captured the broad contours of the dispute, which remain to be adjudicated in the matter. For the sake of convenience, the said order is extracted hereafter: “1. The petitioner, in the first instance, approached this Court for grant of refund of IGST amounting to Rs.53,97,397/-. Counsel for the petitioner informs us that this refund was sought…