https://www.taxtmi.com/caselaws?id=426401 The High Court of Karnataka allowed the appeal in a case involving a builder seeking a refund of Service Tax paid when agreements with buyers were canceled. The Court set aside the Tribunal's decision rejecting the refund claim based on limitation under Section 11B of the Central Excise Act, 1944. Emphasizing the obligation to refund erroneously collected amounts, the Court directed the refund consideration within three months, citing Section 142(5) of the GST Act, 2017, which allows for refund processing despite limitations under Section 11B. en-us Wed, 29 Jun 2022 00:00:00 +0530 Wed, 17 Aug 2022 08:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426401 The High Court of Karnataka allowed the appeal in a case involving a builder seeking a refund of Service Tax paid when agreements with buyers were canceled. The Court set aside the Tribunal's decision rejecting the refund claim based on limitation under Section 11B of the Central Excise Act, 1944. Emphasizing the obligation to refund erroneously collected amounts, the Court directed the refund consideration within three months, citing Section 142(5) of the GST Act, 2017, which allows for refund processing despite limitations under Section 11B. Case-Laws Service Tax Wed, 29 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426401