Refund of tax recovered from the recipient-
In a recent judgment the court has allowed the refund of amount recovered from the buyer. In this case the supplier defaulted in payment of tax. the deptt recovered the same from the buyer. Lateron the supplier also made the payment and also claimed the input tax credit.
The recipient applied for the refund but the deptt rejected saying that it is not filed in correct form.
The court allowed the refund and asked the TP to file the refund with a week. The court also clarified for the time limit and period not to be considered for it.
This is the judgment of Delhi high court in case of PEDERSEN CONSULTANTS INDIA PVT LTD …. Petitioner versus UNION OF INDIA & ORS. ….. Respondents
Read the copy of judgment-
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