Taxpayer Wins Input Tax Credit Refund Claim, Invalidates Restrictive Administrative Circular Under Section 54(1)

Taxpayer Wins Input Tax Credit Refund Claim, Invalidates Restrictive Administrative Circular Under Section 54(1)Case-LawsGSTHC held that the taxpayer’s refund application for unutilized Input Tax Credit (ITC) filed on 07.11.2022 for periods prior to 18.07

Taxpayer Wins Input Tax Credit Refund Claim, Invalidates Restrictive Administrative Circular Under Section 54(1)
Case-Laws
GST
HC held that the taxpayer's refund application for unutilized Input Tax Credit (ITC) filed on 07.11.2022 for periods prior to 18.07.2022 is maintainable, as it was within the statutory limitation period under Section 54(1). Following the precedent in Patanjali Foods case, the court quashed the department's rejection order, which improperly relied on Circular No.181/13/2022-GST. The refund claim was deemed valid, rejecting the administrative circular's attempt to create arbitrary classification of refund applications, thereby ensuring taxpayer's legal right to claim refund within prescribed timelines.
TMI Updates – Highlights, quick notes, marquee, annotation, news, alerts

= = = = = = = =

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

= = = = = = = =