HC: Disposes writ in view of CBIC’s clarification on recovery of interest proceedings

Delhi HC disposes of a writ petition, with a finding that “….grievance of the Petitioner no longer survives….in accordance with the Administrative Instruction dated 18th September, 2020 issued by the Ministry of Finance through the Central Board of Indirect Taxes and Customs.”; Petitioner submitted that its application for refund of wrongly forfeited amount was rejected, and sought a declaration that liability to pay interest is confined only to the net tax liabi...