SICPA India Private Limited, engaged in the production of security inks and solutions, was registered under GST in Sikkim. Challenging the FAA’s decision, SICPA filed a writ petition before the Sikkim High Court. Opposing View in Another HCIn contrast, the Bombay High Court, in Gauri Plasticulture Pvt. Parliament has intentionally limited ITC refunds under Section 54(3) to two specific instances: ZRS and IDS. This ruling is of high relevance to GST practitioners, businesses considering closure, and litigation strategists in the GST context.