Question 8 - Whether principle of unjust enrichment will be applicable in refund? - FAQ on GST dated 21.9.2016 based on Draft Model GST
FAQ on GST dated 21.9.2016 based on Draft Model GST
Chapter 14
Refunds
Contents
Q 8. Whether principle of unjust enrichment will be applicable in refund?
Ans. Yes, except in cases of exports and refund of unutilized ITC as referred to in sub-section (2) of section 38 (also refer to question no. 2 above).
