https://www.taxtmi.com/caselaws?id=433664 Gujarat HC directed tax authorities to release IGST refund of Rs.14,80,27,927.67 to petitioner whose refund was withheld due to purchasing from risky supplier. Court found petitioner had reversed Input Tax Credit of Rs.11,55,726 with penalty and interest, filed shipping bills for exports, and faced no prosecution under the Act. Citing precedent, HC held that since petitioner reversed ITC and met compliance requirements, authorities had no grounds to withhold refund. Respondents directed to credit refund amount within three weeks under Section 54(6) CGST Act. Petition allowed in part. en-us Fri, 03 Feb 2023 00:00:00 +0530 Mon, 14 Apr 2025 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433664 Gujarat HC directed tax authorities to release IGST refund of Rs.14,80,27,927.67 to petitioner whose refund was withheld due to purchasing from risky supplier. Court found petitioner had reversed Input Tax Credit of Rs.11,55,726 with penalty and interest, filed shipping bills for exports, and faced no prosecution under the Act. Citing precedent, HC held that since petitioner reversed ITC and met compliance requirements, authorities had no grounds to withhold refund. Respondents directed to credit refund amount within three weeks under Section 54(6) CGST Act. Petition allowed in part. Case-Laws GST Fri, 03 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433664