Refund procedure clarified: submission of GSTR-2A and order of electronic credit ledger debits for ITC refunds. Refund claims must be accompanied by a print-out of FORM GSTR-2A and a manual invoice statement (Annexure-A); the proper officer may rely on GSTR-2A as evidence of supplier accounting and shall not insist on invoices present in GSTR-2A. Refundable unutilized ITC is the least of the rule defined formula, period-end ledger balance after return, and ledger balance at filing; debits must be sequenced: integrated tax first, then central and state/UT tax equally, with cross ledger adjustments. Re credit and recovery procedures for rejected refunds, scope of rule 96(10) restrictions, disbursal obligations, deficiency memo treatment, and per head minimum refund threshold are also clarified.
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Refund procedure clarified: submission of GSTR-2A and order of electronic credit ledger debits for ITC refunds.
Refund claims must be accompanied by a print-out of FORM GSTR-2A and a manual invoice statement (Annexure-A); the proper officer may rely on GSTR-2A as evidence of supplier accounting and shall not insist on invoices present in GSTR-2A. Refundable unutilized ITC is the least of the rule defined formula, period-end ledger balance after return, and ledger balance at filing; debits must be sequenced: integrated tax first, then central and state/UT tax equally, with cross ledger adjustments. Re credit and recovery procedures for rejected refunds, scope of rule 96(10) restrictions, disbursal obligations, deficiency memo treatment, and per head minimum refund threshold are also clarified.
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