LatestGoods & Service Tax (GST) 1 July 2026
GST Refund
The Orissa High Court has ruled that the GST department cannot withhold refunds prior to the filing of an appeal before the Goods and Services Tax Appellate Tribunal, as per Rule 92(2) of the GST Rules, which requires a reasoned order in Form GST RFD-07 for withholding any refund, this decision is expected to have significant implications for taxpayers and the GST department alike, and will likely lead to a review of current practices and procedures for handling refunds and appeals
The Orissa High Court has made a significant ruling regarding GST refunds. *Key points* include:
- The GST department cannot withhold refunds prior to the filing of an appeal before the Goods and Services Tax Appellate Tribunal.
- Rule 92(2) of the GST Rules requires the authority to pass a reasoned order in Form GST RFD-07 while withholding any refund.
This decision is expected to have significant implications for taxpayers and the GST department, and will likely lead to a review of current practices and procedures for handling refunds and appeals.
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