Delhi High Court issues notice on IndiGo's ₹900 crore refund claim
after close1 source ↓written by the desknot a recommendation
- IGST refund related
- ₹900 crore
The Delhi High Court issued notice on IndiGo's plea for a ₹900 crore IGST refund related 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 decision may impact IndiGo's cash flow and operational costs.
Not investment advice. For informational purposes only.