Delhi High Court issues notice on IndiGo's ₹900 crore refund claim
pre-market1 source ↓written by the desknot a recommendation
- IGST refund linked
- ₹900 crore
The Delhi High Court issued notice on IndiGo's plea for a ₹900 crore IGST refund linked to quashed customs notifications from June 2021. The court noted that while the Customs Department's appeal is pending, there is no stay on the earlier ruling, allowing the refund claim to proceed. This case could impact IndiGo's cash flow and operational costs.
Not investment advice. For informational purposes only.