Corrigendum to Circular No.: 237/31/2024-GST
Corrigendum Date: 25th October 2024
Original Circular Date: 15th October 2024
Relevant Law:
- CGST Act, 2017: Section 107(6), Section 112(8) – Pre-deposit for appeals
- Finance (No. 2) Act, 2024: Section 150 – Bar on refund
- Section 168(1): Power to issue instructions
Clarification Inserted to Para 4 of Circular 237/31/2024-GST:
Inserted Text:
The bar on refund under Section 150 of the Finance (No. 2) Act, 2024 will not apply to refund of pre-deposits made under:
- Section 107(6): Pre-deposit for first appeal
- Section 112(8): Pre-deposit for second appeal
➤ Provided the appeal is decided in favor of the taxpayer, such pre-deposit shall be refundable.
