Refund Claim debit against Credit before Adjudication is Sufficient Compliance

Quadrax Growth Pvt. Limited Vs Commissioner of Central Goods and Service Tax (CESTAT Delhi) Pursuant to filing of the refund claim, Revenue issued show cause notice proposing to reject the refund on the ground that Condition No. 2(h) of the Notification No. 27/2012-CE (NT) dated 18.06.2012 provides that the amount claimed as refund should have been debited at the time of filing refund claim in the relevant record. The Adjudicating Authority took notice of the reply of the appellant wherein they have mentioned that the said amount has been reversed subsequently on 23.06.2020 and the same is sup...