https://www.taxtmi.com/article/detailed?id=14696 Whether the procedural refund enabling clause creates a standalone substantive right to recover unutilised Input Tax Credit on business closure is disputed. The author contends the refund provision's exclusionary language confines refunds to a closed class, and that treating procedural language as granting broader refund entitlement renders the specific limitation redundant, breaches rules of strict construction and harmonious interpretation, and risks fiscal abuse by allowing encashment of credits not authorised by statutory refund categories. en-us Wed, 25 Jun 2025 09:25:07 +0530 Wed, 25 Jun 2025 09:25:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14696 Whether the procedural refund enabling clause creates a standalone substantive right to recover unutilised Input Tax Credit on business closure is disputed. The author contends the refund provision's exclusionary language confines refunds to a closed class, and that treating procedural language as granting broader refund entitlement renders the specific limitation redundant, breaches rules of strict construction and harmonious interpretation, and risks fiscal abuse by allowing encashment of credits not authorised by statutory refund categories. Articles Goods and Services Tax - GST Wed, 25 Jun 2025 09:25:07 +0530 https://www.taxtmi.com/article/detailed?id=14696