Case LawCWP No. 19792 of 2020
Vinod Oil and General Mills Vs Union Of India
- Court:
- High Court
- Bench:
- Punjab and Haryana
- Date:
- November 23, 2020
- Type:
- Writ Petition
- Members:
- S Muralidhar, Avneesh Jhingan
Subject
Department to issue refund of unutilized Input Tax Credit
Refund
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…
Judgement
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…