https://www.taxtmi.com/caselaws?id=768589 J&K and Ladakh HC allowed petitioner's challenge to rejection of budgetary support refund claims under the Budgetary Support Scheme. The court found that under Para 5 of the scheme, eligible manufacturing units are entitled to budgetary support calculated at 58% of central tax and 29% of IGST paid after input tax credit utilization. Respondent No. 3 incorrectly rejected claims of Rs. 31,456/- for July-September 2021 quarter and Rs. 69,684/- for January-March 2022 quarter without proper justification. The rejection was held contrary to notification dated 05.10.2017, and respondent was directed to release the inadmissible amounts. Petition disposed of favorably. en-us Fri, 04 Apr 2025 00:00:00 +0530 Wed, 09 Apr 2025 07:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768589 J&K and Ladakh HC allowed petitioner's challenge to rejection of budgetary support refund claims under the Budgetary Support Scheme. The court found that under Para 5 of the scheme, eligible manufacturing units are entitled to budgetary support calculated at 58% of central tax and 29% of IGST paid after input tax credit utilization. Respondent No. 3 incorrectly rejected claims of Rs. 31,456/- for July-September 2021 quarter and Rs. 69,684/- for January-March 2022 quarter without proper justification. The rejection was held contrary to notification dated 05.10.2017, and respondent was directed to release the inadmissible amounts. Petition disposed of favorably. Case-Laws GST Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768589