WebSection 54 (8) of CGST Act 2024: Section 54 (8): Notwithstanding anything contained in sub-section (5), the refundable amount shall, instead of being credited to the Fund, be … Web28 Dec 2024 · The application of Sec 54 can't be ruled out to any refund and in particular to Sec 77 refunds, in view of the specific connection it bears upon Sec 77 /under 54 (8) (d), regarding disbursal of it in cash. However, it is implied that no unjust enrichment test is necessary in view of mention of 77 under 54 (8) (d).

The Punjab & Haryana High Court in the case of SBI Cards

WebSection 54 – Refund of tax CGST ACT 2024 (1) Any person claiming refund of any tax and interest, if any, paid on such tax or any other amount paid by him, may make an … WebIt is a well-settled position of law that “it is not for the Court to determine whether a particular policy or particular decision taken in the fulfilment of that policy is fair” and that Court can interfere only when it is found to be arbitrary or based on an irrelevant consideration or mala-fide or against any statutory provisions – High Court … all triples triangles

Abhishek Tripathi - Advocate Founder - GST IVY LinkedIn

Webentitled to in terms of Section 54 of CGST Act read with Section 16 of the IGST Act. 5.9 The impugned Rule 89(4)(C) of the CGST Rules, as amended on 23.03.2024 is arbitrary and unreasonable, in as much as the possibility of taking undue benefit by inflating the value of the zero-rated supply of goods, cannot be a ground to amend the Web10 Oct 2024 · (8) Every taxable person shall discharge his tax and other dues under this Act or the rules made thereunder in the following order, namely: (a) self–assessed tax, and … Web𝐆𝐒𝐓 𝐝𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐜𝐚𝐧𝐧𝐨𝐭 𝐫𝐞𝐬𝐭𝐫𝐢𝐜𝐭 𝐫𝐞𝐟𝐮𝐧𝐝 𝐨𝐟 𝐈𝐓𝐂 𝐨𝐧 𝐭𝐡𝐞 𝐞𝐱𝐩𝐨𝐫𝐭 𝐨𝐟 𝐠𝐨𝐨𝐝𝐬 (𝐮𝐧𝐝𝐞𝐫 𝐋𝐔𝐓) 𝐮𝐩 𝐭𝐨 𝟏.𝟓… all triple