https://www.taxtmi.com/caselaws?id=404097 The appellate authority ruled in favor of the appellant, determining that the tools and parts/spares used, not capitalized in the books of accounts, should be classified as 'inputs' for the purpose of claiming a refund of accumulated input tax credit under the inverted tax structure. The authority set aside the initial rejection of the refund claim and instructed the appellant to provide all necessary documents for verification and processing in accordance with the CGST Act/Rules, 2017. en-us Mon, 07 Sep 2020 00:00:00 +0530 Mon, 24 Mar 2025 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404097 The appellate authority ruled in favor of the appellant, determining that the tools and parts/spares used, not capitalized in the books of accounts, should be classified as 'inputs' for the purpose of claiming a refund of accumulated input tax credit under the inverted tax structure. The authority set aside the initial rejection of the refund claim and instructed the appellant to provide all necessary documents for verification and processing in accordance with the CGST Act/Rules, 2017. Case-Laws GST Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404097