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GST - Highlights / Catch Notes

Home Highlights April 2023 Year 2023 This

Refund claim on account of Input Tax Credit accumulated due to ...

Case Laws     GST

April 21, 2023

Refund claim on account of Input Tax Credit accumulated due to Inverted Tax Structure - petitioner failed to submit the books and, as such, the amount of refund to be sanctioned could not be determined without proper verification of books of account - As per the revenue, only a small portion is disputed and is to be adjudicated - Revenue directed to release / refund the balance amount as per law - HC

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