- The Bombay High Court ruled in favor of Raiden Infotech India (P.) Ltd., restoring their refund application after finding that the Revenue Department failed to issue a deficiency memo in Form GST RFD-03, which is necessary for applicants to address any issues with their refund claims.
- The court highlighted that despite the lack of the deficiency memo, the petitioner did not respond to a Show Cause Notice (SCN) regarding the refund application, leading to the rejection of the application; thus, the petitioner was held partially responsible for the situation.
- The court ordered the petitioner to pay costs of ₹2,00,000 for failing to engage with the SCN, while also stating that the absence of the required deficiency memo justified the restoration of the refund application.
Source A2ztaxcorp
