Vinod Oil and General Mills Vs Union Of India
Date: November 23, 2020
Court: High Court
Bench: Punjab and Haryana
Type: Writ Petition
Judge(s)/Member(s): S Muralidhar, Avneesh Jhingan
Subject Matter
Department to issue refund of unutilized Input Tax Credit
Summary
1. The present petition has been filed seeking a direction to the Respondents to issue the refund of the unutilized Input Tax Credit amounting to Rs. 14,21,479/-, to the Petitioner. The petition also prays for setting aside para 12 of the circular da…
1. The grievance in the present petition is in a narrow compass. According to the Petitioner, despite applying for refund of unutilized Input Tax Credit amounting to Rs. 14,21,479/- accumulated on account of inverted tax structure, in form RFD-01, under Section 54 (3) (b) of the Central Goods and Service Tax Act, 2017 (‘CGST Act’), read with the relevant CGST Rules, 2017 for the year 2…