https://www.taxtmi.com/caselaws?id=406114 The Court declared certain provisions of Notifications and Circulars under the IGST Act and CGST Act as ultra vires and unconstitutional. After verification, it was confirmed that most petitioners had availed duty drawback but not CENVAT credit. The Court directed the refund of IGST to the petitioners with 7% simple interest until 26.04.2021. Interest was also ordered for delayed remittance of IGST refund. The writ petition was disposed of with directions for refund and compliance by all concerned Commissionerates, following a Gujarat High Court precedent. en-us Fri, 26 Mar 2021 00:00:00 +0530 Tue, 06 Apr 2021 08:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406114 The Court declared certain provisions of Notifications and Circulars under the IGST Act and CGST Act as ultra vires and unconstitutional. After verification, it was confirmed that most petitioners had availed duty drawback but not CENVAT credit. The Court directed the refund of IGST to the petitioners with 7% simple interest until 26.04.2021. Interest was also ordered for delayed remittance of IGST refund. The writ petition was disposed of with directions for refund and compliance by all concerned Commissionerates, following a Gujarat High Court precedent. Case-Laws Customs Fri, 26 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406114