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of <h1>Supreme Court Mandates Prompt Tax Refund Processing and Interest Payment Despite Ongoing Legal Challenges</h1> <h3>Kunal Autotech Pvt. Ltd. Versus Union Of India & Ors.</h3> The SC addressed a tax refund dispute involving incorrect petition titling and delayed ITC refund processing. Despite the appellate authority's directive ... Withholding of Refund of accumulated Input Tax Credit - Denial on the ground that petitioner’s turnover for the relevant period (May, 2022 to June, 2022) was less than the refund claimed and that the petitioner had availed an excess ITC during the Financial Year 2021-22 - HELD THAT:- Concededly, there is no order staying the operation of the order-in-appeal dated 19.06.2023 - It cannot be accepted that the respondents can withhold the refund due to the petitioner on the ground as stated. Accordingly, the respondents are directed to forthwith process the petitioner’s claim for refund in compliance with the order-in-appeal dated 19.06.2023 along with applicable interest, in accordance with law, within a period of three weeks from today. Petition corrected to show Kunal Autotech Pvt. Ltd. as petitioner after a typographical error named the Director. Petitioner sought refund of accumulated Input Tax Credit (ITC) of Rs.1,14,14,405/- for goods exported without payment of tax (May-June 2022). The original refund claim was denied (25.11.2022) on grounds that turnover for the period was less than the refund claimed and that petitioner had availed excess ITC (Rs.1,86,14,376.6) based on GSTR-2A/GSTR-3B mismatch. The Appellate Authority allowed the appeal and directed refund of Rs.1,13,09,772/- (order-in-appeal dated 19.06.2023). Respondents have not processed the refund, asserting they have not yet decided whether to review or appeal. Noting that 'there is no order staying the operation of the order-in-appeal dated 19.06.2023,' respondents are directed to 'forthwith process the petitioner's claim for refund in compliance with the order-in-appeal dated 19.06.2023 along with applicable interest, in accordance with law, within a period of three weeks.' Respondents remain free to avail remedies against the order-in-appeal.
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