https://www.taxtmi.com/forum/issue?id=120515 Rejection of an inverted duty refund because ITC was earlier availed from suppliers later cancelled is unsustainable where the ITC was validly taken and not reversed by separate adjudication. Refund entitlement is determined by the ITC ledger for the refund period, distinct from time of availment; subsequent supplier cancellation does not invalidate past supplies absent proceedings reversing the ITC. Rule 86B compliance must be assessed on statutory criteria and cannot substitute for adjudication on ITC eligibility. en-us Sat, 04 Oct 2025 18:49:41 +0530 Wed, 08 Oct 2025 12:38:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120515 Rejection of an inverted duty refund because ITC was earlier availed from suppliers later cancelled is unsustainable where the ITC was validly taken and not reversed by separate adjudication. Refund entitlement is determined by the ITC ledger for the refund period, distinct from time of availment; subsequent supplier cancellation does not invalidate past supplies absent proceedings reversing the ITC. Rule 86B compliance must be assessed on statutory criteria and cannot substitute for adjudication on ITC eligibility. Discussion-Forum GST Sat, 04 Oct 2025 18:49:41 +0530 https://www.taxtmi.com/forum/issue?id=120515