"Saqif Muchale is a Chartered Accountant and having more than 6 years of experience in GST advisory, compliance, and litigation matters. He possesses keen interest in GST advisory, litigation, refund mechanisms, ITC-related disputes, and appellate remedies before various authorities. Through his articles, he aims to provide practical insights and in-depth legal analysis on evolving GST issues and judicial developments."
This article explains updated GST rates, ITC rules, SAC classifications, and compliance requirements applicable to hotels and hospitality businesses. It also covers restaurant services, banquet halls, transportation, and ancillary services.
The issue is whether interest on GST refunds should start from a fresh application after appeal. Courts have held that interest must be calculated from the original application date.
The article explains how GST refunds are calculated under IDS using Rule 89(5). It clarifies that only input goods ITC is eligible, not input services.
