Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
CESTAT dismissed appeal concerning refund claim of unutilized Cenvat Credit under s.142(3) of CGST Act, read with Rule 5 of Cenvat Credit Rules and s.11B of Central Excise Act. Following Jharkhand HC's precedent in Rungta Mines Ltd case, tribunal affirmed that existing law prohibits cash refund of Cenvat Credit available on appointed date (01.07.2017). Appellant's failure to transition credit through proper channels and absence of export activities were fatal to refund claim. Tribunal held no legal provision exists under Cenvat Credit Rules 2004 for refunding balance credit, making refund claim legally untenable.
CESTAT dismissed appeal concerning refund claim of unutilized Cenvat Credit under s.142(3) of CGST Act, read with Rule 5 of Cenvat Credit Rules and s.11B of Central Excise Act. Following Jharkhand HC's precedent in Rungta Mines Ltd case, tribunal affirmed that existing law prohibits cash refund of Cenvat Credit available on appointed date (01.07.2017). Appellant's failure to transition credit through proper channels and absence of export activities were fatal to refund claim. Tribunal held no legal provision exists under Cenvat Credit Rules 2004 for refunding balance credit, making refund claim legally untenable.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
