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VEDANTA LIMITED vs. THE COMMISSIONER OF CUSTOMS (DRAWBACK) , THE GOODS AND SERVICES TAX NETWORK, THE GST COUNCIL, THE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
(Madras High Court)

Hon'ble Judges:

M.GOVINDARAJ
Pet. Counsel
A.r.l.sunderasan
Y.prakash
Res. Counsel
B.vijayakarthikeyan

Petitioner / Applicant

VEDANTA LIMITED
Respondent THE COMMISSIONER OF CUSTOMS (DRAWBACK) , THE GOODS AND SERVICES TAX NETWORK, THE GST COUNCIL, THE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
Court Madras High Court
State

Tamilnadu

Date Oct 31, 2019
Order No.

W.P.(MD) No.6209 of 2019

Citation

2019(10) TAXREPLY 1794
Original Order
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ORDER

ORDER The petitioner exports goods on payment of Integrated Goods and Service Tax and he claims refund of such tax. 2. The petitioner Company exported goods vide 512 invoices through 71 shipping bills and duly paid the IGST of ₹ 94,42,39,026 in terms of the Section 16 (3) of the IGST Act. While so, due to variation of rates in London Metal Exchange, the prices were revised in respect of 442 invoices covered by 61 shipping bills. The petitioner Company has paid tax on the differential export value to the tune of ₹ 2,02,94,956. Thereafter, the petitioner claimed refund of ₹ 94,42,39,026/- along with the additional tax paid due to variation of rates in London Metal Exchange to the tune of ₹ 2,02,94,956/-. The respondents have refunded ₹ 94,42,39,026/-. But they are not in a position to refund the balance amount of ₹ 2,02,94,956/- as the entire process is system managed. There is no provision for processing the refund manually. Therefore, after deliberation t....

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