https://www.taxtmi.com/caselaws?id=402318 The Court quashed Trade Notice 11/2018, allowed the petition for refund of Rs. 2,38,83,203 with interest, and directed refund of Rs. 4,47,43,681. Subsequent amendments to the CGST Act necessitated further consideration due to the automatic utilization of accumulated ITC of IGST, leading to inflation of CGST and SGST balances. The Court directed respondents to refund the amount after reversing credit entries and completing the process within four weeks to address concerns from IGST credit appropriation and CGST/SGST balance accumulation. en-us Wed, 16 Dec 2020 00:00:00 +0530 Fri, 21 Mar 2025 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402318 The Court quashed Trade Notice 11/2018, allowed the petition for refund of Rs. 2,38,83,203 with interest, and directed refund of Rs. 4,47,43,681. Subsequent amendments to the CGST Act necessitated further consideration due to the automatic utilization of accumulated ITC of IGST, leading to inflation of CGST and SGST balances. The Court directed respondents to refund the amount after reversing credit entries and completing the process within four weeks to address concerns from IGST credit appropriation and CGST/SGST balance accumulation. Case-Laws GST Wed, 16 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402318