Refund u/s 54 - Rejection of Input Tax Credit (ITC) on capital ...
Court Orders Refund of ITC on Capital Goods for Textile Industry Due to Inverted Duty Structure.
September 20, 2023
Case Laws GST HC
Refund u/s 54 - Rejection of Input Tax Credit (ITC) on capital goods due to inverted duty tax structure - business of textile manufacturing of fabrics - calculation / determination of refund amount - In view of the CBIC circular, the respondent authorities are directed to sanction the refund as per the refund application - HC
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