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of <h1>New Tax Refund Process After Investigations: Simplified, Requires CA Certificate, Self-Certification Thresholds, Interest on Delays</h1> The statutory provision outlines the process for refunding taxes paid during investigations when no or reduced liability arises upon finalization. It emphasizes that the current central law allows voluntary payments without formal notices. If investigations conclude favorably for the taxpayer, a simple refund process should be available, requiring a Chartered Accountant's Certificate to ensure the GST burden was not passed on. A threshold for self-certification may be established. Refunds should be processed promptly unless a stay order on the adjudication is obtained. The GST Law may allow jurisdictional authorities to withhold refunds in exceptional cases, with interest payable. Refunds may pertain to CGST, SGST, or IGST.
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