https://www.taxtmi.com/caselaws?id=767946 The Karnataka HC allowed a writ petition seeking refund of unutilized Input Tax Credit under Section 54(3) of CGST Act, 2017 due to inverted tax structure in works contracts. The court relied on its previous decision in an identical case involving the same petitioner under similar circumstances, where refund was granted. Following this precedent, the HC quashed the impugned order and directed respondents to process the refund claim with applicable interest within six weeks of receiving the order copy. en-us Wed, 12 Mar 2025 00:00:00 +0530 Thu, 27 Mar 2025 08:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767946 The Karnataka HC allowed a writ petition seeking refund of unutilized Input Tax Credit under Section 54(3) of CGST Act, 2017 due to inverted tax structure in works contracts. The court relied on its previous decision in an identical case involving the same petitioner under similar circumstances, where refund was granted. Following this precedent, the HC quashed the impugned order and directed respondents to process the refund claim with applicable interest within six weeks of receiving the order copy. Case-Laws GST Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767946