Pee Gee Fabrics Private Limited Vs Union of India
Date: September 14, 2023
Subject Matter
Inverted Duty Structure: Order denying Refund of ITC on "Hyper-technical Grounds" set-aside
Summary
This petition challenged the rejection of a refund application filed by a textile manufacturer for accumulated Input Tax Credit (ITC) under an inverted duty structure. The petitioner, who manufactures fabrics with a 5% GST rate using raw materials wi…
FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT 1. Heard learned advocate Mr. H.J. Trivedi for the petitioners, learned advocate Mr. Harsheel D. Shukla for respondent no.1 and learned advocate Mr. Nikunt Raval for respondent nos.2 and 3. 2. Learned advocate Mr. H.J. Trivedi has tendered a draft amendment. The same is allowed in terms of the draft. To be carried out forthwith. 3.…