SICPA India Private Limited and Another Vs Union of India
Date: June 9, 2025
Court: High Court
Bench: Sikkim
Type: Writ Petition
Judge(s)/Member(s): Meenakshi Madan Rai
Subject Matter
Refund of unutilized ITC on business closure is allowed
Summary
The Assistant Commissioner of CGST rejected a refund application from the Petitioners, who sought a refund of unutilized Input Tax Credit (ITC) of ₹4,37,61,402 due to discontinuation of their business. The Appellate Authority upheld this rejection, r…
FULL TEXT OF THE JUDGMENT/ORDER OF SIKKIM HIGH COURT 1. The Assistant Commissioner, Central Goods and Services Tax (CGST) and Central Excise, Gangtok Division, Gangtok, Sikkim, vide Order dated 08-02-2022, rejected the refund application filed by the Petitioners, claiming unutilized Input Tax Credit (ITC), lying in Electronic Credit Ledger amounting to ₹ 4,37,61,402/- (Rupees four crores, thirty s…