Conciliation Agreement Determines Limitation Period for Tax Refund Claims Under Section 54 of CGST Act

Conciliation Agreement Determines Limitation Period for Tax Refund Claims Under Section 54 of CGST ActCase-LawsGSTHC held that the conciliation agreement dated 09.10.2020 constitutes the relevant date for calculating limitation period under Section 54 of

Conciliation Agreement Determines Limitation Period for Tax Refund Claims Under Section 54 of CGST Act
Case-Laws
GST
HC held that the conciliation agreement dated 09.10.2020 constitutes the relevant date for calculating limitation period under Section 54 of CGST Act. The settlement agreement, recognized under Arbitration & Conciliation Act, is equivalent to a civil court decree. Consequently, DMRC's refund applications filed on 17.01.2021 and 21.03.2021 were deemed timely. The court dir

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =