Madras HC Directs State GST to Issue SCN Before Deciding on GST Refund

Saravana Selvarathinam Retail (P.) Ltd. Vs Commissioner of Central Taxes (CGST) (Madras High Court) Madras High Court recently addressed a petition filed by Saravana Selvarathinam Retail (P.) Ltd., seeking the refund of approximately Rs. 15.49 crores collected by tax authorities in March 2022. The collection occurred amidst an investigation into alleged tax evasion, during which the petitioner made substantial payments, including an initial Rs. 11 crores debited from their Electronic Credit Register, reportedly followed by threats of arrest and subsequent further payments after the petitioner&...