Gujarat High Court directs GST department to refund IGST within six weeks
In May, the Supreme Court held that if IGST is paid on freight which is included in the value of imported goods, levying tax again as a supply of service, was illegal Following a Supreme Court verdict, the Gujarat High Court has directed the GST department to grant refund of tax paid on ocean freight within six weeks. Experts say this ruling is beneficial on two counts – first, defines a tim…