https://www.taxtmi.com/caselaws?id=406303 The court addressed the ambiguity surrounding the re-credit of Input Tax Credit (I.T.C) refund to the petitioner's electronic credit ledger. Despite the rejection of the refund claim, the re-credit in Form GST PMT 03 was not executed, leading to unresolved issues. The lack of clarity on the rejection of the claim and subsequent re-credit was a key concern. The involvement of the Goods and Service Tax Network (GSTN) complicated matters. Legal provisions under Section 56 of the JGST Act, 2017, regarding interest on delayed refunds were highlighted. The court emphasized the need for a clear resolution and directed the respondent State to promptly address the issue. en-us Tue, 06 Apr 2021 00:00:00 +0530 Mon, 24 Mar 2025 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406303 The court addressed the ambiguity surrounding the re-credit of Input Tax Credit (I.T.C) refund to the petitioner's electronic credit ledger. Despite the rejection of the refund claim, the re-credit in Form GST PMT 03 was not executed, leading to unresolved issues. The lack of clarity on the rejection of the claim and subsequent re-credit was a key concern. The involvement of the Goods and Service Tax Network (GSTN) complicated matters. Legal provisions under Section 56 of the JGST Act, 2017, regarding interest on delayed refunds were highlighted. The court emphasized the need for a clear resolution and directed the respondent State to promptly address the issue. Case-Laws GST Tue, 06 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406303