https://www.taxtmi.com/caselaws?id=446677 HC held that refund of unutilised ITC under Section 54(3) of the CGST Act is permissible where credit accumulates due to a higher rate of tax on inputs than on output supplies, in terms of clause (ii) to the proviso. The authority's reliance on Circular No. 135/05/2020, particularly para 3.2 denying refund where input and output supplies are the same, was effectively treated as abandoned and could not override the statute. Finding the petitioner's case covered by the statutory condition, HC directed the department to process the refund claims with applicable interest within six weeks. en-us Tue, 05 Dec 2023 00:00:00 +0530 Fri, 12 Dec 2025 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446677 HC held that refund of unutilised ITC under Section 54(3) of the CGST Act is permissible where credit accumulates due to a higher rate of tax on inputs than on output supplies, in terms of clause (ii) to the proviso. The authority's reliance on Circular No. 135/05/2020, particularly para 3.2 denying refund where input and output supplies are the same, was effectively treated as abandoned and could not override the statute. Finding the petitioner's case covered by the statutory condition, HC directed the department to process the refund claims with applicable interest within six weeks. Case-Laws GST Tue, 05 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446677