Ascent Meditech Ltd Vs Union of India & Ors. (Gujarat High Court)
Date: October 16, 2024
Court: High Court
Bench: Gujarat
Type: Special Civil Application
Subject Matter
GST Refund Rule 89(5) Amended Retroactively: Gujarat HC
Summary
In a significant ruling for businesses grappling with Goods and Services Tax (GST) refunds under an inverted duty structure, the Gujarat High Court has set aside a Central Board of Indirect Taxes and Customs (CBIC) circular that limited the applicabi…