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…
FIRC Need Not Match Transaction-Wise For ITC Claims If Total Benefit Supported By Foreign Remittances: Delhi HC
The Delhi High Court ruled that FIRC documents need not match transaction-wise for ITC claims, as long as total benefits are supported by foreign remittances. The judgment provides significant relief for exporters facing compliance issues.