Delhi HC: Interest on Delayed GST Refunds Payable @6% & 9% with Adjustments for Deficiency Memo Delay

G S Industries Vs Commissioner of Central Tax And Gst Delhi West (Delhi High Court) The Delhi High Court, in the case of G.S. Industries vs. Commissioner of Central Tax and GST, Delhi West, addressed a petition concerning the partial denial of interest on a delayed Goods and Services Tax (GST) refund. The petitioner, G.S. Industries, had initially filed two refund applications on July 4, 2019, and July 9, 2019, seeking a total refund of Rs. 37,56,750. The GST department issued deficiency memos on November 29, 2019, which the petitioner addressed on January 27, 2020. Acknowledgements were subse...