Delhi HC directs GST Dept for Quick Processing of Unutilized ITC Refund

M.D. Securities Private Limited Vs Sales Tax Officer Class II Avato & Ors (Delhi High Court) Delhi High Court has expressed concern over significant delays in the processing and disbursement of accumulated unutilized Input Tax Credit (ITC) refunds for M.D. Securities Private Limited, directing the Department to expedite the process. The petitioner is seeking a total refund of over Rs. 106 crore across multiple periods, alleging deliberate delays by the tax authorities at various stages. M.D. Securities Private Limited filed a petition under Article 226 of the Constitution of India, seeking...