Eye Share: Recent CBIC Circular on Refund-Related Issues: Does it Really Mitigate Rigours of Law?
CBIC recently issued Circular No.135/05/2020 – GST dated March 31, 2020, incorporating the direction of the Delhi HC in the case of Pitambra Books Pvt Ltd. [TS-45-HC-2020(DEL)-NT]. Delhi HC in said case had stayed Para 8 of the Circular No. 125/44/2019 - GST dated November 18, 2019 which had imposed the restriction that refund period/claim cannot spread across two financial years. Author, Mr. Kishore Kunal (Advocate-on-record, Supreme...