BNP Paribas Global Securities Operations Private Limited Vs AC, Central Tax, Guindy
Date: March 29, 2021
Subject Matter
Refund of ITC which was not taken into GST Account by following the transfer application is allowed even though the petitioner could not debit the duty in the ST-3 return
Summary
It is submitted that the total value of Input Tax credit which was un-utilized was Rs.6,62,67,726/- which was not taken into GST Account by following the transfer application and therefore the petitioner was entitled to refund claim of the amount eve…
The petitioner has challenged the impugned Order-in-Original Nos.79 and 80 of 2018 dated 25.10.2018 to quash the same and direct the respondent to grant refund claim to the petitioner. 2. The petitioner had filed the three refund claims on 07.09.2017, 21.09.2017 and 30.10.2017 for the the following period. (Commencing from October 2016 to December 2016, January 2017 to March 2017 and April 2017 to…