Torrent Power Ltd. Vs Union of India & Anr
Date: October 22, 2024
Subject Matter
Refund of IGST/Service Tax Paid on Ocean Freight, Transfer to Consumer Welfare Fund Rejected
Summary
The petitioner, a power generation and distribution company, challenged orders that rejected their refund claim for IGST (₹19,28,86,868) and Service Tax (₹4,72,03,838) paid on ocean freight under a Reverse Charge Mechanism (RCM). These levies were de…
FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT 1. Heard learned Senior Advocate Mr.Saurabh Soparkar with learned advocate Mr.Uchit N. Sheth for the petitioner and learned advocate Mr. Siddharth H. Dave for the respondents. 2. Rule, returnable forthwith. Learned advocate Mr.Siddharth Dave waives service of notice of rule for and on behalf of the respondents. 3. Special Civil Applicatio…