HC : Allows refund of IGST paid on imports under EPCG scheme for period July to Oct 2017

Gujarat HC quashes levy of IGST and Compensation Cess on the import of capital goods made under the EPCG Scheme during the period July 1, 2017 to October 13, 2017, thus holds the petitioner entitled to refund of Rs.2.38 crores (approx.) paid by it towards IGST along with interest; Observes that, Notification No.26/2015- Cus dated June 29, 2017, “to the extent it limited the exemption from payment of additional duty under section 3 of the Customs Tariff Act to subsections (1...