High Court Upholds CGST Act's Restrictions on ITC Refunds for Inverted Duty Structure, Validates Exclusions for Exempt Services.
Case-Laws
GST
The High Court held that Section 17(2) of the CGST Act is not ultra vires Article 14 of the Constitution to the extent it restricts refund under the inverted duty structure. The petitioner does not have a vested right to claim refund of accumulated Input Tax Credit on goods and services due to the inverted duty structure under the first proviso t
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