Alerts & Updates 14th Sep 2021

The Supreme Court upholds the constitutional validity of rule 89(5) – refund is not available in respect of credit on input services accumulated on account of inverted duty structure – UOI & Ors. Vs. VKC Footsteps India Pvt. Ltd.

Authors

Ginita Bodani Associate Partner | Mumbai
Gopal Mundhra Partner | Mumbai
Rohit Jain Deputy Managing Partner | Mumbai

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Hon’ble Supreme Court inter alia held that the challenge to Rule 89(5) of the Central Goods and Service Tax Rules, 2017 (CGST Rules), as a piece of delegated legislation.

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