Notification Cannot Be Given Retrospective Effect To Deny Refund On Unutilised ITC Claimed Within Limitation Period: Madras HC Allows Gillette's Plea

The date of filing the original claim, and not the date of re-submission, shall be considered as the date of filing for computation of refund claim, this has been ruled. This decision clarifies the interpretation of filing dates for refund claims. The ruling emphasizes the importance of adhering to statutory timelines. This judgment provides clarity on tax law procedures. The ruling underscores the need for legal compliance.