Input tax credit admissibility controls final GST refunds, requiring document reconciliation, statutory audit and demand procedures. The circular directs Nodal Officers to verify refund claims for exports, SEZ supplies, inverted duty and deemed exports by examining FORM GST RFD 01A, electronic ledger entries, GSTR 1, GSTR 3B and auto drafted GSTR 2A and supporting invoices, apply admissibility rules for input tax credit, reconcile recipient and supplier reporting including amended returns, compute eligible refund under the rule based formulas (including the amended inverted duty formula), subject final withheld refunds to statutory audit, and where inadmissible credits or mismatches are found, issue show cause notices and initiate demand and recovery procedures.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit admissibility controls final GST refunds, requiring document reconciliation, statutory audit and demand procedures.
The circular directs Nodal Officers to verify refund claims for exports, SEZ supplies, inverted duty and deemed exports by examining FORM GST RFD 01A, electronic ledger entries, GSTR 1, GSTR 3B and auto drafted GSTR 2A and supporting invoices, apply admissibility rules for input tax credit, reconcile recipient and supplier reporting including amended returns, compute eligible refund under the rule based formulas (including the amended inverted duty formula), subject final withheld refunds to statutory audit, and where inadmissible credits or mismatches are found, issue show cause notices and initiate demand and recovery procedures.
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