CESTAT Denies Refund of EC, SHEC & KKC as Such Cesses Were Not Subsumed in GST

Bank of India Investment Managers Pvt. Ltd. Vs Commissioner of CGST & Central Excise (CESTAT Mumbai) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai, decided appeals challenging orders dated 21.08.2020 passed by the Commissioner (Appeals), which had upheld the rejection of refund claims relating to accumulated credit of Education Cess (EC), Secondary and Higher Education Cess (SHEC), and Krishi Kalyan Cess (KKC). The primary issue before the Tribunal was whether, under Sections 140 and 142 of the CGST Act, 2017, the appellant was entitled to claim refund of accumula...