In a first, the Delhi High Court has allowed Samsonite India, a company engaged in the business of manufacturing and selling travel bags, to deposit the goods and services tax (GST) profiteered amount in a staggered manner in view of the Covid-19 pandemic situation. Experts feel that this will form a precedent, paving the way for more such petitions from companies.
The Court has allowed Samsonite to pay the principle profiteered amount if Rs 21.81 crore in six equated monthly installments the consumer welfare funds of Centre and states.
"...the Court keeping in view the Covid-19 pandemic situation, directs the petitioner to