Micro Systems and Services Sole Proprietorship Vs UOI
Date: September 5, 2022
Subject Matter
Circular 173/05/2022 on Refund under Inverted Duty Structure is clarificatory in nature. Effective from 31.3.20.
Summary
The petitioner sold goods under concessional/inverted tax rate to DRDO and sought a refund of the credit paid by it towards procuring raw materials at the full rate of tax. The petitioner claimed eligibility for a refund under the inverted tax struct…
Heard Mr. Sai Chandra Haas, learned counsel for the petitioner and Mr. Dominic Fernandes, learned Senior Standing Counsel for CBIC appearing for respondent Nos.2 and 4 to 6. 2. By filing this writ petition, under Article 226 of the Constitution of India, petitioner prays for the following relief:- “a) That this Hon’ble Court be pleased to issue a writ of certiorari or any other appropr…