GST Refund Limitation: Time for Deficiency Memo Processing Excluded

Varidhi Cotspin Private Limited Vs Union of India & Ors. (Gujarat High Court) Limitation Under Section 54 for GST Refund – Time Excluded for Deficiency Memo Processing The Gujarat High Court, in Varidhi Cotspin Private Limited v. Union of India & Ors., held that the time taken for processing a GST refund application before a deficiency memo is issued must be excluded when calculating the two-year limitation period under Section 54 of the CGST Act. The Petitioner, Varidhi Cotspin, had filed its original IGST refund claim for deemed exports in November 2018, well within the limitat...