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of <h1>Refunds Under CGST Act: Officer Approval, 60-Day Order Deadline, and Unjust Enrichment Exceptions Explained.</h1> Under Section 54(5) and 54(7) of the CGST Act 2017, a proper officer may approve a refund application if satisfied that the claimed amount is refundable, crediting it to the Consumer Welfare Fund. Refund orders must be issued within 60 days of application receipt, with a minimum claim threshold of one thousand rupees. The concept of unjust enrichment, as defined by the Supreme Court, prevents inequitable retention of benefits. This principle does not apply to certain refund scenarios, such as those involving exports or incorrect tax payments. In other cases, claimants must prove that the tax incidence has not been transferred to others.
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