Gujarat HC Allows Refund of Protested GST Interest on Leasehold Assignment

Meghaaarika Enterprises Private Limited & Anr. Vs State of Gujarat & Anr. (Gujarat High Court) Refund claims permissible for interest paid under protest, on disputed GST for leasehold rights assignment: Gujarat HC The Gujarat High Court set aside a deficiency memo issued in Form GST RFD-03 that had rejected a refund claim for interest paid under protest on GST demanded for assignment of GIDC leasehold rights. The petitioner had assigned leasehold rights in an industrial plot and, disputing GST leviability on such transfer, paid interest under protest through DRC-03 and sought refund un...