REFUND APPLICATION CANNOT BE REJECTED MERELY ON THE BASIS OF ALLEGATIONS
-Report by Radhika Mittal The case involves a petitioner who filed two separate refund applications, seeking a refund of the unutilized Input Tax Credit (ITC) amounting to ₹72,03,961/- and ₹12,40,270/-, respectively. The refund was in respect of goods exported by the petitioner. However, the applications were not processed due to allegations that the supplier from whomRead More