Gujarat HC directs Revenue Department to pay 9% interest for delay in IGST refund

Gujarat HC directs Revenue Department to pay 9% interest for delay in IGST refund

In an order that will offer some succour to exporters, the Gujarat High Court directed the Department of Revenue, Ministry of Finance to pay interest to a party at the rate of 9% per annum for delay in granting refund under the Integrated Goods and Services Tax (IGST) Act.

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