‘Relevant Period’ Must Be Applied Uniformly for ITC & Turnover Refund Computation: Madras HC

Sea 6 Energy Private Limited Vs Assistant Commissioner of Central Taxes (Madras High Court)

The writ petition was decided by the Madras High Court and concerned the computation of refund of accumulated Input Tax Credit (ITC) under Rule 89(4) of the CGST Rules, 2017. The petitioner, a company engaged in the manufacture and sale of biostimulants and potash, is a seasonal industry and an exporter of zero-rated goods. For the month of March 2025, the petitioner applied for a refund of accumulated ITC arising from zero-rated exports. The claim was only partially allowed

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