Allahabad HC grants stay on recovery, noting challenges to CGST Rule 96(10)

Saru Silver Alloys Pvt Ltd Vs Union of India and 7 others (Allahabad High Court) Rule 96(10) of CGST Rules, 2017, albeit prospectively, has been omitted and (iii) review petition has been allowed by Gujarat High Court in Cosmo Films case. We share the recent order passed by the Hon’ble Allahabad High Court. The petitioner is an exporter. It imported duty free raw material under Advance authorisation in terms of Notification No.79. It exported final products on payment of IGST. It claimed refund and it was sanctioned. Recovery was sought to be undertaken alleging violation of Rule 96(10) ...