Gujarat HC stays retrospective amendment in case of inverted duty refunds

Shree Rama Newsprint Limited Vs. Union Of India (Gujarat High Court) Gujarat High Court on 18/09/2018 grants interim stay on the retrospective amendment in case of inverted duty refunds whereby refund on input services was denied by notification dated 13-06-2018 w.e.f. 01-07-2017. This is welcome news for persons consuming job work and other service for outward supplies of fabrics and other textile articles. Full text of the Order of Hon’ble Gujarat High Court In the context of nature of challenge vis-a-vis prayer clause 17 to hold and declare Rule 89(5) of the Central Goods and Services...