https://www.taxtmi.com/forum/issue?id=116611 Whether the substituted clause in Explanation 2(e) to Section 54 - which sets the relevant date for refund of unutilized input tax credit as the due date for furnishing the return for the period in which the claim arises - applies to refund claims filed on or after the amendment's effective date even where the tax period predates the amendment is contested; opinions in the discussion split between treating the change as applying to all claims filed on or after the effective date and treating it as prospective so pre-amendment refunds remain governed by the erstwhile explanation. en-us Sat, 08 Aug 2020 23:20:34 +0530 Thu, 23 Jan 2025 15:54:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116611 Whether the substituted clause in Explanation 2(e) to Section 54 - which sets the relevant date for refund of unutilized input tax credit as the due date for furnishing the return for the period in which the claim arises - applies to refund claims filed on or after the amendment's effective date even where the tax period predates the amendment is contested; opinions in the discussion split between treating the change as applying to all claims filed on or after the effective date and treating it as prospective so pre-amendment refunds remain governed by the erstwhile explanation. Discussion-Forum GST Sat, 08 Aug 2020 23:20:34 +0530 https://www.taxtmi.com/forum/issue?id=116611