Time for cashback: HC orders 16-cr tax refund to Flipkart | India News
Bengaluru: The Karnataka high court has ordered the commercial taxes department to refund Rs 16.1 crore to Flipkart India. This amount represents 70% of a pre-deposit made using input tax credit (ITC) from its electronic credit ledger (ECL). The court stated in a recent order that the refund is to be paid in cash. Justice…