HC: Denial of ITC refund on ‘input services’ under ‘inverted duty structure’ challenged

Gujarat HC issues notice in writ petition challenging Rule 89 (5) of the Central Goods and Services Tax (CGST) Rules, 2017 as amended vide Notification No. 21/2018-Central Tax dated April 18, 2018 and Notification No. 26/2018- Central Tax dated June 13, 2018; Said provision has been challenged to the extent it denies refund of unutilized ITC in respect of tax paid on input services in case of inverted duty structure with retrospective effect: Gujarat HC...