ITC Refund Denial on ‘Intermediary’ Ground Set Aside; Matter Remanded: Bombay HC

Lubrizol Advance Materials India Pvt. Ltd. Vs Union of India & Ors. (Bombay High Court) Denial of ITC refund on export of services on the ground of ‘intermediary’ status set aside; matter remanded for fresh examination: Bombay HC The petitioner is a leading supplier of lubricants. It is providing administrative and sales related support services to its group entity located outside India. It claimed that the services are exported in terms of section 2(6) of the IGST Act. It claimed refund of accumulated input tax credit under section 54 of the CGST Act read with Rule 89 of the Rules. Re...