Gauhati HC ruling on refund of accumulated ITC in case of inverted duty

BMG Informatics Pvt Ltd Vs Union of India (Gauhati High Court) In an important decision given by Justice A.M Bujor Barua of the Gauhati High Court in the case of W.P (C) 3880/2021 3878/2021 3675/2021 4120/2021 (BMG Informatics Pvt. Ltd. vs. Union of India) the Court as held that the circular no. CBEC-20/01/06/2019-GST dated 31.03.2020 issued by the Ministry of Finance, Department of Revenue, Government of India whereby it was held that the refund of accumulated ITC under clause (ii) of sub section (3) of section 54 of the CGST Act would not be applicable in cases where input and output supplie...