Refund of unutilised ITC on identical input-output supplies: Section 54(3)(ii) rate comparison rejected; refund allowed (3)

Refund of unutilised ITC on identical input-output supplies: Section 54(3)(ii) rate comparison rejected; refund allowed (3)Case-LawsGSTRefund of accumulated unutilised ITC was denied on the premise that refund under Section 54(3)(ii) of the CGST Act is un

Refund of unutilised ITC on identical input-output supplies: Section 54(3)(ii) rate comparison rejected; refund allowed (3)
Case-Laws
GST
Refund of accumulated unutilised ITC was denied on the premise that refund under Section 54(3)(ii) of the CGST Act is unavailable where the input and output are the same and the rate comparison should be confined to the principal input vis-à-vis principal output. Relying on binding precedent, it was held that Section 54(3)(ii) does not bar refund m

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