HC: Directs Revenue to process ITC refund, grants Assessee liberty to seek appropriate remedies

P&H HC directs Revenue to process the Assessee’s application for refund of ITC and pass appropriate orders; Notes that Assessee’s grievance pertains to non-refund of unutilized ITC despite applying for the same in Form RFD-01 u/s 54(3)(b) of the CGST Act, 2017, amounting to over Rs. 14 lakh accumulated on account of inverted tax structure; Assessee also submitted that para 12 of Circular dated November 18, 2019 be set aside as being ultra vires of Section 54 of the CG...