CA Certificate not required to claim refund of unutilized ITC: Delhi HC
Svera Agro Ltd. filed for a refund of unutilized ITC for specific periods, however, the respondent rejected the refund claims through deficiency memos requiring a CA certificate for amounts exceeding Rs. 2 lakh. The petitioner argued that the requirement for a CA certificate did not apply to their case. The case was brought before the HC of Delhi where sought the quashing of the deficiency memos and their refund claim with interest.
The HC quashed the deficiency memos issued by the respondent, holding that the requirement for a CA certificate did not apply as per the proviso to Rule 89(2) (m) for refunds claimed under Section 54(8)(b). The court ordered Svera Agro Ltd.’s that any further refund applications filed by Svera Agro Ltd. should not be rejected on the grounds of limitation due to the procedural delays encountered.
The Copy Of the Order as Under:
From,
Krishnakant Jakhotia
Mobile No :-9422507911
Email Id :- taxtalknew@gmail.com
