NEW DELHI : The Delhi high court on Tuesday allowed Bharti Airtel Ltd to claim goods and services tax (GST) refund of ₹923 crore by rectifying its returns for the September quarter of 2017.
The court’s decision comes at a time the telecom sector is passing through a troubled phase with cutthroat tariffs and intense competition, though things have eased a bit with covid-19-induced work from home causing a spurt in data consumption across India.
The company had excess input tax credits but could not use them to adjust its final tax liability because of regulatory and technology-related uncertainties at the time of India’s transition to the new indirect tax regime in 2017.