Let’s salute the spirit of a common man, Mr. Ramesh Kumar Patodia, who fought against the mighty Citi Bank and and won the case in Calcutta High Court, where it held that IGST is not levied on Interest on Loan amount & directed Bank to REFUND the tax collected as IGST on Interest
directed Bank tax IGST Title: Ramesh Kumar Patodia vs City Bank N.A. Court: Calcutta High Court Citation: 2023 (7) GSTPanacea 16 HC Calcutta APO 10 of 2023 With WPO 547 of 2019 Honourable Judge Justice I. P. Mukerji and Justice Biswaroop Chowdhury Dated: 25-July-2023 online where when authorized by the card issuer merchandise or […]