IGST Refund Denial to Advance Authorisation Holders Applies Prospectively w.e.f. Oct 9, 2018: Surat GST Commissionerate

The Surat GST Commissionerate has issued a ruling stating that the denial of IGST refunds to holders of advance authorization will apply prospectively, effective from October. The ruling clarifies that the denial of refunds will not be applied retroactively, ensuring that businesses can still claim refunds for past periods, provided they meet the necessary criteria. This decision is expected to provide relief to businesses that had been uncertain about their refund eligibility under the new rules.