GST Refund Rejection Set Aside for Violating Rule 92(3) Procedure: Bombay HC

Golden Cryo Pvt. Ltd. Vs Union of India & Ors. (Bombay High Court) The Bombay High Court considered a writ petition under Article 226 challenging the rejection of a GST refund application amounting to ₹23.67 crore. The petitioner had filed a refund claim for accumulated input tax credit on export of goods and services without payment of tax. The application was acknowledged, and follow-up communications were made seeking its processing. Subsequently, a show cause notice in Form GST RFD-08 was issued alleging that the petitioner’s suppliers were involved in issuing fake invoices without...