Relief to JSW Steel: CESTAT allows Refund of CVD and SAD paid post July 2017 u/s 142(3) of CGST Act

The CESTAT (Mumbai Bench) granted JSW Steel relief by allowing a cash refund of Countervailing Duty (CVD) and Special Additional Duty (SAD) paid between July 2018 and July 2019, which could not be credited due to GST implementation. Applying Section 142(3) of the CGST Act, the Tribunal held that such refund claims must be processed under the erstwhile law, resulting in a direct cash refund. Earlier rejections by lower authorities were overturned, affirming the statutory right to refund under transitional provisions. This ruling reinforces the applicability of pre-GST norms for unclaimed duty credits. (Article summary)