Sonali Maity | Sep 13, 2021 |
No Refund of Input Services is allowed in case of an Inverted Duty Structure
No Refund of Input Services is allowed in case of an Inverted Duty Structure. Supreme Court sets aside the decision of Gujarat HC in the matter of VKC Footwear
The appeals filed by the Centre against Gujarat HC judgment in VKC footsteps is allowed.
No Refund of Input Services is allowed in case of an Inverted Duty Structure. #SupremeCourt sets aside the decision of Gujarat HC in the matter of VKC Footwear#InvertedDutyStructure #SupremeCourt #Studycafe #GST
— Study Cafe (@studycafe_in) September 13, 2021
The Court said, “The anomalies in Sub-rule 5 of Rule 89 of the CGGST Rules, 2017 needs to be looked into by the GST Council.”
The Judgment is given below:
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