HC: Allows assessee's writ, directs payment of interest on delayed IGST refund @ 9% p.a.

Gujarat HC upholds claim for interest towards the substantial delay in making payment of IGST refund paid on export of goods in terms of Section 16 of IGST Act, 2017 r/w Section 54 of CGST Act and Rules made thereunder; Rejects Revenue’s plea that in the absence of a specific provision providing for the entitlement of interest on refund, no interest would be available while referring to various provisions governing refund un...