DGTS Delhi Zone Unit is conducting and inviting you to PAN India Webinar on topic “Refund under GST & Customs” by Faculty CA Adv Arup Dasgupta on 25.06.2025 at 3 PM
The department of trade and taxes of Delhi government said they have busted a case of GST refund fraud amounting to approximately ₹14 crore and have also arrested a proprietor.
The department of trade and taxes of Delhi government said they have busted a case of Goods and Services Tax (GST) refund fraud amounting to approximately ₹14 crore and have also arrested a proprietor.
The Delhi government’s Department of Trade and Taxes busted a network of individuals who had created and operated four fictitious firms solely to illegitimately claim GST refunds under the guise of genuine business activities, reported PTI.
A recent decision by the Gujarat High Court in the case of Cosmo Films Ltd vs. Union of India and the connected batch has brought much-needed clarity and relief to India’s export community.
The Sikkim high court has ruled that businesses are entitled to a refund of unutilised input tax credit (ITC) even upon the discontinuation or closure of operations.
Ordered cash refund with interest, saying Section 49(6) & 54(3) contain
“no express prohibition” against refund on closure of business
The Hon’ble Sikkim High Court in SICPA India Private Limited & Anr. held that refund of unutilized ITC can be claimed even in case of closure of business. Further, the Court observed that there is no express prohibition under Section 49(6) read with Sections 54 and 54(3) of the CGST Act restricting such refund. Although Section …
Post implementation of the above validation, it was observed that taxpayers registered under the QRMP scheme encountered issues while attempting to file refund applications.
The Hon’ble Supreme Court in the case of Gemini Edibles and Fats India Ltd. dismissed the SLP against the Hon’ble Andhra Pradesh High Court ruling where refund claims for ITC accrued before July 18, 2022 could not be denied solely because they were filed after said date, as Notification No. 9/2022-Central Tax (Rate) dated July 13, 2022 applies prospectively.
