Relief to IOCL: Delhi HC sets aside denial of claims for refund of accumulated ITC [Read Order]

In a major relief to IOCL, the Delhi High Court sets aside the denial of claims for refund of accumulated ITC
Indian Oil Corporation Limited - ITC - input tax credit - Delhi High Court - TAXSCAN

The Delhi High Court set aside denial of claims for refund of accumulated input tax credit (ITC), thereby granting relief to Indian Oil Corporation Limited (IOCL). The petitioner (‘IOCL’) has filed the present petition being aggrieved by denial of claims for the refund of accumulated Input Tax Credit (‘ITC’). The same was denied to the…

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