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of <h1>West Bengal Tax Circular Clarifies Refunds for Inverted Tax Structure, ITC Reversals, and Merchant Exporters under GST Act.</h1> The West Bengal Directorate of Commercial Taxes issued a circular addressing refund-related issues under the West Bengal Goods and Services Tax Act. It provides clarifications on refund claims for accumulated input tax credit (ITC) due to an inverted tax structure, especially when ITC was reversed as per earlier notifications. Registered persons facing issues with refund claims due to validation checks on the portal are advised to apply under a different category and submit necessary documents. The circular also addresses interest liabilities for late reversals, refund claims for merchant exporters, and procedures following deficiency memos. It emphasizes uniformity in refund processing and invites feedback on implementation challenges.
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