https://www.taxtmi.com/caselaws?id=762931 Gujarat HC allowed the petition challenging rejection of unutilized input tax credit refund application. The court held that Notification No. 14/2022 amending Rule 89(5) was clarificatory and curative in nature, removing anomalies in the refund formula, and must apply retrospectively. The impugned circular restricting the amended formula only to applications filed after 05.07.2022 was quashed as contrary to statutory provisions. The court ruled that denying refunds to pre-amendment applicants would create discrimination between assessees, violating equality principles under the GST Act. en-us Thu, 17 Oct 2024 00:00:00 +0530 Fri, 27 Jun 2025 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762931 Gujarat HC allowed the petition challenging rejection of unutilized input tax credit refund application. The court held that Notification No. 14/2022 amending Rule 89(5) was clarificatory and curative in nature, removing anomalies in the refund formula, and must apply retrospectively. The impugned circular restricting the amended formula only to applications filed after 05.07.2022 was quashed as contrary to statutory provisions. The court ruled that denying refunds to pre-amendment applicants would create discrimination between assessees, violating equality principles under the GST Act. Case-Laws GST Thu, 17 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762931