Tagged “refund”

4 articles on refund.

TribunalUttar Pradesh Real Estate Appellate Tribunal

Vijendra Singh Raghav v. Strategic Developers (2025): A temporary occupancy certificate cannot ground a valid offer of possession

The UP Real Estate Appellate Tribunal held that a temporary occupation certificate is not an occupancy certificate under RERA, so a developer cannot use it to force possession on a buyer of a long-delayed flat. The allottee was held entitled to refund of his deposit with interest at MCLR plus one percent.

Valkya Editorial·23 Jun 2026·5 min

TribunalNational Consumer Disputes Redressal Commission

Mantra Lifestyle Homes: possession without an occupancy certificate, and the buyer's right to refund

NCDRC held a builder's failure to give possession or obtain an occupancy certificate a deficiency in service, ordering full refunds to seven buyers.

Valkya Editorial·1 Jun 2026·8 min

Supreme CourtSupreme Court of India

Union of India v. Torrent Power: IGST refund to the Consumer Welfare Fund

On 10 February 2026, a two-judge bench ordered ₹19.28 crore IGST refund credited to the Consumer Welfare Fund, holding Section 54 CGST Act an exhaustive code and rejecting an 'alien modality' tariff-adjustment route.

Valkya Editorial·1 Jun 2026·10 min

Supreme CourtSupreme Court of India

VKC Footsteps: Rule 89(5) and the inverted duty refund battle

On 13 September 2021, a two-judge bench upheld CGST Rule 89(5) and held that refund of unutilised ITC under inverted-duty structure is limited to input goods, excluding input services.

Valkya Editorial·1 Jun 2026·10 min