https://www.taxtmi.com/caselaws?id=769984 Gujarat HC held that amended Rule 89(5) under Notification No. 14/2022 regarding ITC inclusion in "Net ITC" for refund computation applies retrospectively to all refund claims filed within the prescribed two-year limitation period, regardless of whether filed before or after the notification date. The court directed authorities to re-adjudicate petitioner's refund applications for February 2021 to February 2022 within twelve weeks, ruling that the amendment was clarificatory in nature and failure to apply it would result in unjust enrichment to the government. Petition allowed. en-us Thu, 24 Apr 2025 00:00:00 +0530 Sat, 03 May 2025 08:34:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769984 Gujarat HC held that amended Rule 89(5) under Notification No. 14/2022 regarding ITC inclusion in "Net ITC" for refund computation applies retrospectively to all refund claims filed within the prescribed two-year limitation period, regardless of whether filed before or after the notification date. The court directed authorities to re-adjudicate petitioner's refund applications for February 2021 to February 2022 within twelve weeks, ruling that the amendment was clarificatory in nature and failure to apply it would result in unjust enrichment to the government. Petition allowed. Case-Laws GST Thu, 24 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769984