https://www.taxtmi.com/highlights?id=84198 The HC dismissed the petition for refund of unutilized ITC. It held that the petitioner had duly discharged output tax liability for March 2021 through electronic cash ledger, and the accumulated ITC in electronic credit ledger could be utilized for future tax liabilities. Since none of the conditions u/s 54(3) of CGST Act were met, the claim for refund of accumulated ITC was not maintainable. The HC found no illegality in the impugned order rejecting refund claim. en-us Sat, 21 Dec 2024 08:53:50 +0530 Sat, 21 Dec 2024 08:53:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84198 The HC dismissed the petition for refund of unutilized ITC. It held that the petitioner had duly discharged output tax liability for March 2021 through electronic cash ledger, and the accumulated ITC in electronic credit ledger could be utilized for future tax liabilities. Since none of the conditions u/s 54(3) of CGST Act were met, the claim for refund of accumulated ITC was not maintainable. The HC found no illegality in the impugned order rejecting refund claim. Highlights GST Sat, 21 Dec 2024 08:53:50 +0530 https://www.taxtmi.com/highlights?id=84198