Voluntarily Paid Tax or Reversed ITC not Refundable on insertion of Sec.16(5), CGST Act: Kochi GST Appellate Authority

The Kochi GST Appellate Authority ruled that voluntarily paid tax or reversed ITC is not refundable after the insertion of Section 165 of the CGST Act. The case involved taxpayers who sought refunds of taxes paid or ITC reversed voluntarily. The authority held that once taxes are paid or ITC reversed voluntarily, they cannot be refunded under the newly inserted provision. The ruling clarifies the interpretation of Section 165, reinforcing the idea that refunds are not applicable in such scenarios unless specific conditions are met under the law.