https://www.taxtmi.com/caselaws?id=765454 The SC dismissed the SLP challenging the HC's order rejecting the petitioner's claim for refund of Input Tax Credit accrued under the VAT regime during the transition to GST. The court upheld that the petitioner is not entitled to a refund under Section 143(8)(b) and can only utilize the ITC as set-off against output tax. The HC's decision to deny the refund claim was affirmed, with no interference warranted. en-us Fri, 17 Jan 2025 00:00:00 +0530 Thu, 24 Jul 2025 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765454 The SC dismissed the SLP challenging the HC's order rejecting the petitioner's claim for refund of Input Tax Credit accrued under the VAT regime during the transition to GST. The court upheld that the petitioner is not entitled to a refund under Section 143(8)(b) and can only utilize the ITC as set-off against output tax. The HC's decision to deny the refund claim was affirmed, with no interference warranted. Case-Laws GST Fri, 17 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765454