https://www.taxtmi.com/caselaws?id=431909 Gujarat HC allowed the petition for refund of unutilized input tax credit on zero-rated supplies. The court held that despite non-compliance with Circular dated 04.09.2018 procedure requiring debiting of IGST amount, the petitioner had complied with statutory provisions under Section 54 of the Act and Rule 89(4) of CGST Rules by debiting the refund amount from electronic credit ledger. The respondent failed to issue deficiency memo within prescribed 15 days, and the appellate authority had accepted the refund claim on merits. The court ruled that statutory provisions prevail over circular procedures, and non-compliance with circular constitutes irregularity, not illegality, when substantive statutory rights exist. en-us Thu, 04 Aug 2022 00:00:00 +0530 Fri, 11 Apr 2025 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431909 Gujarat HC allowed the petition for refund of unutilized input tax credit on zero-rated supplies. The court held that despite non-compliance with Circular dated 04.09.2018 procedure requiring debiting of IGST amount, the petitioner had complied with statutory provisions under Section 54 of the Act and Rule 89(4) of CGST Rules by debiting the refund amount from electronic credit ledger. The respondent failed to issue deficiency memo within prescribed 15 days, and the appellate authority had accepted the refund claim on merits. The court ruled that statutory provisions prevail over circular procedures, and non-compliance with circular constitutes irregularity, not illegality, when substantive statutory rights exist. Case-Laws GST Thu, 04 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431909