Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
9% Interest Payable on GST Refunds if Not Released within 60 Days from Date of FAA’s Order: Bombay...
The Bombay High Court has ruled that interest is payable on "GST refunds if not released within 60 days from the date of the FAAS order," in the Lupin Ltd case. The court's decision provides a significant victory for the taxpayer. The ruling reinforces the principle that a taxpayer is entitled to interest on a refund if it is not released within the statutory period.