Court Rules Withholding CST Reimbursement Unjustified; Circular Conflicts with Foreign Trade Policy Provisions.

Reimbursement of Central Sales Tax (CST) - respondents are not legally justified in withholding the same for the reason that the petitioner has not purchased raw material from DTA on the basis of the Circular dated 14.01.2015, which is not only in conflict with the provisions of the FTP but is illegal otherwise also which cannot override the FTP. - HC .....

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