Relief to JSW Steel: CESTAT Orders Cash Refund of Lakhs for CVD & SAD Paid Post GST Implementation

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ordered a cash refund to JSW Steel of significant amounts paid towards Countervailing Duty (CVD) and Special Additional Duty (SAD) after the implementation of GST. The Tribunal held that post-GST duty payments without proper credit adjustment violate GST transitional provisions. This ruling benefits large industrial taxpayers seeking timely refunds of legacy duties, reducing carrying costs and liquidity burdens in transitional tax regimes.