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of <h1>Clarifications on Export Refunds under CGST Act: Eligibility, Procedures, and Requirements Simplified for Efficient Processing.</h1> The circular addresses various issues related to export refunds under the Central Goods and Services Tax Act, 2017. Key clarifications include: non-availment of drawback and eligibility for refund of unutilized input tax credit; procedures for rectifying mismatches in refund claims; export requirements without payment of integrated tax under a Letter of Undertaking (LUT); conditions for extensions on export timelines; issuance of deficiency memos; self-declaration requirements for non-prosecution; refund of transitional credits; handling discrepancies in invoice and shipping bill values; and the processing of refund claims under existing laws. It emphasizes the need for minimal procedural hindrances and cooperation among stakeholders for efficient refund processing.
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