If any ITC is expired or lapsed due to limitation of time, it may not in anyway refundable as it became dead ITC.
Section 54 of the CGST Act, 2017 — Refund — The appellant filed refund application on 18.08.2020 under Section 54 of the Act, 2017 in respect of ITC on export of goods and services without payment of Tax. The adjudicating authority issued a show cause notice in Form GST-RFD-08 dated 26.08.2020 proposing rejection of refund claim. The adjudicating authority has rejected the refund claim and passed the impugned order in the Form of GST RFD-06 dated 16.09.2020. Being aggrieved with the impugned order, the appellant has filed the appeal on 10.12.2020. The authority observed that if any ITC is expired or lapsed due to limitation of time, it may not in anyway refundable as it became dead ITC as per the said provisions of laws.
Held that:- The Hon’ble authority rejected the appeal filed by the appellant.
If any ITC is expired or lapsed due to limitation of time, it may not in anyway refundable as it became dead ITC.
Section 54 of the CGST Act, 2017 — Refund — The appellant filed refund application on 18.08.2020 under Section 54 of the Act, 2017 in respect of ITC on export of goods and services without payment of Tax. The adjudicating authority issued a show cause notice in Form GST-RFD-08 dated 26.08.2020 proposing rejection of refund claim. The adjudicating authority has rejected the refund claim and passed the impugned order in the Form of GST RFD-06 dated 16.09.2020. Being aggrieved with the impugned order, the appellant has filed the appeal on 10.12.2020. The authority observed that if any ITC is expired or lapsed due to limitation of time, it may not in anyway refundable as it became dead ITC as per the said provisions of laws.
Held that:- The Hon’ble authority rejected the appeal filed by the appellant.