https://www.taxtmi.com/article/detailed?id=15332 The Karnataka High Court held that Sections 142(7)(b) and 142(8)(b) require refund of amounts found admissible on appeal to be paid in cash regardless of whether the pre deposit was made in cash or by utilizing Input Tax Credit; the Revenue, having accepted ITC payments during the appeal, was estopped from refusing cash refund, and Rule 92(1A) could not be given retrospective effect, so ITC based pre deposits must be refunded in cash with interest. en-us Mon, 03 Nov 2025 08:16:33 +0530 Mon, 03 Nov 2025 08:16:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15332 The Karnataka High Court held that Sections 142(7)(b) and 142(8)(b) require refund of amounts found admissible on appeal to be paid in cash regardless of whether the pre deposit was made in cash or by utilizing Input Tax Credit; the Revenue, having accepted ITC payments during the appeal, was estopped from refusing cash refund, and Rule 92(1A) could not be given retrospective effect, so ITC based pre deposits must be refunded in cash with interest. Articles Goods and Services Tax - GST Mon, 03 Nov 2025 08:16:33 +0530 https://www.taxtmi.com/article/detailed?id=15332