https://www.taxtmi.com/caselaws?id=421923 Gujarat HC allowed the petition challenging withholding of GST refund/reimbursement for pre-GST contracts. The court held that respondents misunderstood the GST Act's basic scheme regarding input tax credit under Section 16(1) and payment through electronic credit ledger under Section 49. The court clarified that input tax credit is legally equivalent to tax payment and utilizing electronic credit ledger for output tax payment is a valid mode. The court distinguished between availment and utilization of input tax credit, quashed the impugned communication refusing refund, and directed immediate release of refund where pay orders were already generated. en-us Wed, 13 Apr 2022 00:00:00 +0530 Thu, 03 Apr 2025 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421923 Gujarat HC allowed the petition challenging withholding of GST refund/reimbursement for pre-GST contracts. The court held that respondents misunderstood the GST Act's basic scheme regarding input tax credit under Section 16(1) and payment through electronic credit ledger under Section 49. The court clarified that input tax credit is legally equivalent to tax payment and utilizing electronic credit ledger for output tax payment is a valid mode. The court distinguished between availment and utilization of input tax credit, quashed the impugned communication refusing refund, and directed immediate release of refund where pay orders were already generated. Case-Laws GST Wed, 13 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421923