{"id":70531,"date":"2024-12-10T08:58:16","date_gmt":"2024-12-10T03:28:16","guid":{"rendered":""},"modified":"2024-12-10T08:58:16","modified_gmt":"2024-12-10T03:28:16","slug":"high-court-allows-retrospective-gst-refunds-rules-amendment-to-refund-formula-clarificatory-dismissing-prospective-limits","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=70531","title":{"rendered":"High Court Allows Retrospective GST Refunds; Rules Amendment to Refund Formula Clarificatory, Dismissing Prospective Limits."},"content":{"rendered":"<p>High Court Allows Retrospective GST Refunds; Rules Amendment to Refund Formula Clarificatory, Dismissing Prospective Limits.<br \/>Case-Laws<br \/>GST<br \/>The High Court allowed the petition and quashed the impugned order rejecting the petitioner&#39;s refund application for unutilized input tax credit. The court held that the Notification No. 14\/2022 amending Rule 89(5) of the GST Rules is clarificatory and curative in nature, rectifying the anomaly in the refund formula. Relying on Supreme Court preceden<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=83843\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Case-Laws &#8211; GST &#8211; Highlights &#8211; The High Court allowed the petition and quashed the impugned order rejecting the petitioner&#8217;s refund application for unutilized input tax credit. The court held that the Notification No. 14\/2022 amending Rule 89(5) of the G<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-70531","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70531"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70531\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}