GST Refund Rejection Due to Section 16(4) Invalid Post Retrospective Section 16(5) Insertion

DYS Impex Private Limited Vs Assistant Commissioner of Revenue (Calcutta High Court) The Calcutta High Court has set aside an order denying a partial Goods and Services Tax (GST) refund to DYS Impex Private Limited, citing a failure by tax authorities to consider the retrospective application of Section 16(5) of the WBGST/CGST Act, 2017. The court has remanded the case back to the proper officer for re-adjudication, emphasizing the need to account for the extended deadline for Input Tax Credit (ITC) claims for specific financial years. The dispute originated from an appeal filed by DYS Impex P...