https://www.taxtmi.com/caselaws?id=446978 The Bombay HC allowed a petition challenging an Appellate Authority's order denying ITC refund. The petitioner had filed a refund application under Section 54(3) of CGST Act for credits spanning different financial years. The Appellate Authority erroneously applied a November 2019 circular restricting refund claims across financial years, while overlooking Rule 89(4) of CGST Rules and a subsequent March 2020 circular. The HC held that petitioner was permitted to club ITC credits from prior periods available in electronic ledger as running account. The Appellate Authority failed to address departmental clarifications and improperly disregarded applicable rules. The order was set aside for lack of proper consideration of relevant statutory provisions and circulars. en-us Wed, 29 Nov 2023 00:00:00 +0530 Wed, 23 Apr 2025 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446978 The Bombay HC allowed a petition challenging an Appellate Authority's order denying ITC refund. The petitioner had filed a refund application under Section 54(3) of CGST Act for credits spanning different financial years. The Appellate Authority erroneously applied a November 2019 circular restricting refund claims across financial years, while overlooking Rule 89(4) of CGST Rules and a subsequent March 2020 circular. The HC held that petitioner was permitted to club ITC credits from prior periods available in electronic ledger as running account. The Appellate Authority failed to address departmental clarifications and improperly disregarded applicable rules. The order was set aside for lack of proper consideration of relevant statutory provisions and circulars. Case-Laws GST Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446978