https://www.taxtmi.com/highlights?id=74495 Refund of accumulated input tax credit - inverted duty (tax) structure - LPG supplies to domestic customers after bottling in cylinders - The High Court observed that, the stipulation in the Circular, denying refund of accumulated ITC when the input and output supplies are the same, was contrary to Section 54 of the CGST Act. - The court allowed the writ petitions, entitling the petitioner to a refund of the credit accumulated due to a higher tax rate on input supplies for bottling LPG for domestic supply. en-us Tue, 30 Jan 2024 08:52:13 +0530 Tue, 30 Jan 2024 08:52:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74495 Refund of accumulated input tax credit - inverted duty (tax) structure - LPG supplies to domestic customers after bottling in cylinders - The High Court observed that, the stipulation in the Circular, denying refund of accumulated ITC when the input and output supplies are the same, was contrary to Section 54 of the CGST Act. - The court allowed the writ petitions, entitling the petitioner to a refund of the credit accumulated due to a higher tax rate on input supplies for bottling LPG for domestic supply. Highlights GST Tue, 30 Jan 2024 08:52:13 +0530 https://www.taxtmi.com/highlights?id=74495