High Court Dismisses Input Tax Credit Refund Claim Filed After Two-Year Limitation Period u/s 54.

High Court Dismisses Input Tax Credit Refund Claim Filed After Two-Year Limitation Period u/s 54.Case-LawsGSTHC found the refund claim for unutilized input tax credit time-barred u/s 54. The court interpreted Section 54(1) and 54(3) to establish that whil

High Court Dismisses Input Tax Credit Refund Claim Filed After Two-Year Limitation Period u/s 54.
Case-Laws
GST
HC found the refund claim for unutilized input tax credit time-barred u/s 54. The court interpreted Section 54(1) and 54(3) to establish that while refund claims can be initiated from the end of the relevant tax period, there exists a two-year limitation period from the relevant date. The petitioner's application filed on 21.03.2024 exceeded the statutory deadline of 09.03.202

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