GST refunds: Manufacturing units in hilly areas may move court

Taxpayers may move court against the revenue department which sought reversal of transitional credit availed by them on account of cash balance lying in the ledger before Goods and Services Tax (GST) kicked in. This has led to the department blocking GST refund available to manufacturers operating in hilly states, which were given tax sops in the earlier regime under an area-based exemption scheme…