https://www.taxtmi.com/caselaws?id=413584 The High Court of Bombay interpreted the first proviso to section 54(3) of the CGST Act regarding the refund of unutilized ITC in cases of exports of goods with NIL rate of export duty. The court considered a clarification issued on 20.09.2021, which specified that goods with NIL export duty are not restricted from availing ITC refunds. Both parties agreed that the clarification favored the petitioner, leading to the court quashing previous orders and instructing the respondents to process the petitioner's case accordingly. The petition was allowed with no costs, and parties were directed to comply with the court's order. en-us Mon, 11 Oct 2021 00:00:00 +0530 Thu, 27 Mar 2025 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413584 The High Court of Bombay interpreted the first proviso to section 54(3) of the CGST Act regarding the refund of unutilized ITC in cases of exports of goods with NIL rate of export duty. The court considered a clarification issued on 20.09.2021, which specified that goods with NIL export duty are not restricted from availing ITC refunds. Both parties agreed that the clarification favored the petitioner, leading to the court quashing previous orders and instructing the respondents to process the petitioner's case accordingly. The petition was allowed with no costs, and parties were directed to comply with the court's order. Case-Laws GST Mon, 11 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413584