HC: Rebate-denial to Advance-Authorisation holders operates prospectively w.e.f. October 23, 2017, dismisses challenge to Rule 96 (10)

Gujarat HC upholds validity of sub rule (10) of Rule 96 of CGST/GGST Rules substituted vide Notification No. 54/2018 Central Tax and corresponding State Tax Notification dated October 9, 2018, to the extent it denies rebate (refund) claim on goods imported under Advance Authorisation (AA) License; However, rules that Notification no. 54/2018 is required to be made applicable prospectively only w.e.f. October 23, 2017 and not prior thereto from the inception of Rule 96(10) w.e...