Refund claim for accumulated ITC allowed; tax demand and penalty orders quashed under relevant legal provisions

Refund claim for accumulated ITC allowed; tax demand and penalty orders quashed under relevant legal provisionsCase-LawsGSTThe HC held that the petitioners’ refund application for accumulated ITC was within the statutory limitation period, relying on the

Refund claim for accumulated ITC allowed; tax demand and penalty orders quashed under relevant legal provisions
Case-Laws
GST
The HC held that the petitioners' refund application for accumulated ITC was within the statutory limitation period, relying on the precedent that struck down the relevant circular provision. Although a refund sanction order was issued, a subsequent demand notice and Order-in-Original confirming a tax demand with penalty were challenged. The court found the impug

= = = = = = = =

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

= = = = = = = =