GST: Input-Output Ratios shall be considered to determine Refund of Unutilized ITC, rules Gujarat HC [Read Order]

GST - Input-Output Ratios - Refund - Unutilized ITC - Gujarat HC

A two-judge bench of the Gujarat High Court consisting Justice J.B.Pardiwala and Justice Nisha M.Thakore has held that the input or output ratios to be considered for determining the quantum of refund of unutilized Input Tax Credit (ITC). The writ applicant/ assessee is a company registered and incorporated under the Companies Act, 1956. The company…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader