GST Refund Application Can’t Be Rejected Based Solely on Inverted Turnover Discrepancies

Sri Krishna Textile Mills Vs Assistant Commissioner (Madras High Court) GST Refund Application Can’t Be Rejected merely because inverted turnover does not match the GSTR 1, GSTR 3B and GSTR 2A returns without following the mandate of Circular No. 135/05/2020 – GST dated 31.03.2020. The Madras High Court intervened in the case of M/S. Sri Krishna Textile Mills, challenging the rejection of their refund application based on an alleged mismatch between inverted turnover and GST returns. This landmark ruling sheds light on the importance of adhering to procedural guidelines and considering...