https://www.taxtmi.com/caselaws?id=785577 Clarificatory amendment to the refund formula in GST rules was treated as clarificatory and retrospective, requiring application of the modified formula to calculate refund of accumulated input tax credit arising from an inverted duty structure. Prior rejection and appellate orders were set aside by the HC and the refund claims must be reconsidered afresh by the primary authority applying the modified formula. The decision directs remand for fresh consideration without creating new factual findings. en-us Wed, 21 Jan 2026 00:00:00 +0530 Tue, 27 Jan 2026 07:36:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785577 Clarificatory amendment to the refund formula in GST rules was treated as clarificatory and retrospective, requiring application of the modified formula to calculate refund of accumulated input tax credit arising from an inverted duty structure. Prior rejection and appellate orders were set aside by the HC and the refund claims must be reconsidered afresh by the primary authority applying the modified formula. The decision directs remand for fresh consideration without creating new factual findings. Case-Laws GST Wed, 21 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785577