Petitioner entitled to compensatory interest under s.56 where refund delayed beyond s.54(5); respondents must pay within 12 weeks

Petitioner entitled to compensatory interest under s.56 where refund delayed beyond s.54(5); respondents must pay within 12 weeksCase-LawsGSTThe HC allowed the petition and directed Respondent Nos. 2 and 3 to pay interest on the delayed refund to the peti

Petitioner entitled to compensatory interest under s.56 where refund delayed beyond s.54(5); respondents must pay within 12 weeks
Case-Laws
GST
The HC allowed the petition and directed Respondent Nos. 2 and 3 to pay interest on the delayed refund to the petitioner, holding that technical system defects, not any fault of the petitioner in filing the shipping bills or GST returns, caused the delay. The court found section 56 of the GST Act mandates compensatory interest where a refund is

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