Prior Month’s REA Usable for Next Month’s GST Refund: AP HC

SEIL Energy India Limited Vs Union of India (Andhra Pradesh High Court) In the case of SEIL Energy India Limited Vs Union of India, the Andhra Pradesh High Court addressed the issue of whether a Regional Energy Account (REA) for a preceding month can be used to apply for a GST refund in the succeeding month. SEIL Energy India Limited, engaged in exporting electricity, had faced rejection of its refund applications due to discrepancies over the timing of REA submissions. The petitioner argued that, according to the provisions of the Integrated Goods and Services Tax Act (IGST Act) and amendment...