https://www.taxtmi.com/caselaws?id=800909 Circular No. 135/05/2020 has limited application to accumulated input tax credit caused by different tax rates applying to the same input and output supply at different times. It does not govern refund claims where credit accumulates because certain inputs are taxed at rates higher than the output supply, even where a principal input and output attract the same rate. Refund eligibility under Section 54(3) of the Central Goods and Services Tax Act, 2017 must therefore be assessed under that provision rather than denied solely under the Circular. en-us Fri, 11 Sep 2026 00:00:00 +0530 Tue, 13 Oct 2026 07:21:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800909 Circular No. 135/05/2020 has limited application to accumulated input tax credit caused by different tax rates applying to the same input and output supply at different times. It does not govern refund claims where credit accumulates because certain inputs are taxed at rates higher than the output supply, even where a principal input and output attract the same rate. Refund eligibility under Section 54(3) of the Central Goods and Services Tax Act, 2017 must therefore be assessed under that provision rather than denied solely under the Circular. Case-Laws GST Fri, 11 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800909