IGST on Advance Authorisation Imports: SC to Examine Limits on Interest and Penalty

Union of India & Ors. Vs A. R. Sulphonates Private Limited & Anr. (Supreme Court of India) The dispute concerned whether interest, penalty, confiscation, and redemption fine could be levied on Integrated Goods and Services Tax (IGST) payable on imports made under Advance Authorization licences during the period when a “pre-import condition” was in force. The imports were made between 13 October 2017 and 9 January 2019 without payment of IGST, contrary to the pre-import condition then prescribed. After investigation and issuance of a show cause notice, the adjudicating authority con...