Razack Trading Company Vs The Assistant Commissioner (ST)
Date: April 30, 2024
Court: High Court
Bench: Madras
Type: Writ Petition
Judge(s)/Member(s): C.SARAVANAN
Subject Matter
Taxpayer liable for interest on erroneous ITC/GST Refund
Summary
The case involved the applicability of interest under Section 50 of the CGST Act, 2017 on an erroneous refund. The petitioner had availed Input Tax Credit (ITC) on the basic customs duty paid by them under the CENVAT Credit Rules, 2004, and subsequen…
FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH COURT The petitioner is aggrieved by the impugned order dated 22.11.2021 passed by the second respondent Appellate Deputy Commissioner (ST)(FAC) in AP/GST/138/2020. 2. By the impugned order dated 22.11.2021, the second respondent Appellate Deputy Commissioner (ST) (FAC) has partly allowed the appeal filed by the petitioner in AP/GST/138/2020. Relevant…