Govt moves SC against Bharti Airtel’s ₹9.23 billion GST refund

The government has moved the Supreme Court (SC) against the Delhi High Court order allowing Bharti Airtel Ltd to claim ₹9.23 billion in tax refunds by rectifying its goods and services tax (GST) returns filed earlier, according to a Bloomberg report.

A two-judge bench of the high court, in May, had allowed the Sunil Mittal-led telecom major to seek GST refunds for the period of July-September 2017.

While authorities claimed Bharti Airtel had under-reported input tax credit from July to September 2017, the telco said it had paid excess tax of ₹9.23 billion on inputs based on estimates since the GSTR-2A form was not operational during the error period.

Read More at: https://www.livemint.com/industry/infotech/govt-moves-sc-against-bharti-airtel-s-rs-9-23-billion-gst-refund-11594204321058.html

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