https://www.taxtmi.com/article/detailed?id=16305 Refund of unutilised Input Tax Credit under GST must be assessed by the true character of the claim, not by the outward form of the underlying export transaction. For refund claims under Section 54(3), the relevant date for limitation, prior to the 1 February 2019 amendment, was linked to the end of the financial year in which the refund arose, not the individual dates of export. An amendment that shortens the filing period has a substantive effect and, absent express retrospective intent, operates prospectively. en-us Wed, 29 Apr 2026 08:25:27 +0530 Wed, 29 Apr 2026 08:25:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16305 Refund of unutilised Input Tax Credit under GST must be assessed by the true character of the claim, not by the outward form of the underlying export transaction. For refund claims under Section 54(3), the relevant date for limitation, prior to the 1 February 2019 amendment, was linked to the end of the financial year in which the refund arose, not the individual dates of export. An amendment that shortens the filing period has a substantive effect and, absent express retrospective intent, operates prospectively. Articles Goods and Services Tax - GST Wed, 29 Apr 2026 08:25:27 +0530 https://www.taxtmi.com/article/detailed?id=16305