CBIC issued Corrigendum to Circular No. 237;

Clarifying refund restriction u/s 150 of the Finance (No. 2) Act, 2024 not applicable to pre-deposit refunds on favorable appeal outcomes

The CBIC issued Corrigendum dated October 25, 2024 to Circular No. 237/31/2024-GST dated October 15, 2024, clarifying the issues regarding implementation of provisions of sub-section (5) and sub-section (6) in section 16 of CGST Act, 2017.

Source : https://taxinformation.cbic.gov.in/view-pdf/1003244/ENG/Circulars