https://www.taxtmi.com/caselaws?id=399972 The appellant's claim for a refund of unutilized Input Tax Credit due to an Inverted Tax Structure was rejected by the adjudicating authority. The appellant's appeal, based on fulfilling Section 54(3) conditions and citing discrepancies in tax rates between inputs and output supplies, was dismissed. The court emphasized that the definition of "inputs" excludes services or capital goods for refund purposes, leading to the denial of the refund. However, guidance on re-crediting the amount in the Electronic Credit Ledger was provided under Rule 93 of CGST Rules. en-us Thu, 30 Apr 2020 00:00:00 +0530 Thu, 20 Mar 2025 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399972 The appellant's claim for a refund of unutilized Input Tax Credit due to an Inverted Tax Structure was rejected by the adjudicating authority. The appellant's appeal, based on fulfilling Section 54(3) conditions and citing discrepancies in tax rates between inputs and output supplies, was dismissed. The court emphasized that the definition of "inputs" excludes services or capital goods for refund purposes, leading to the denial of the refund. However, guidance on re-crediting the amount in the Electronic Credit Ledger was provided under Rule 93 of CGST Rules. Case-Laws GST Thu, 30 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399972