CESTAT dismissed the appeal and upheld rejection of the...

CESTAT dismissed the appeal and upheld rejection of the appellant's refund claim as time-barred under s.142(5) of the CGST Act, holding the embedded non-obstante clause must be read restrictively and does not override limiting provisions; the claim therefore fell outside the statutory period. The Tribunal declined to adjudicate merits of unjust enrichment at this stage, noting the presumption that a trader passes on tax and that credit-note assertions may require verification. Taxes paid pursuant to a valid self-assessment were not characterized as a mere deposit. Minor inconsistencies in prior orders were found immaterial. Appeal disposed of.