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of <h1>GST Circular: Refunds Simplified for ISDs, Composition Taxpayers, and Exporters; Errors in GSTR-3B Can Be Corrected.</h1> The Central Board of Excise & Customs issued a circular to clarify refund-related issues under the GST framework. Key points include: Input Service Distributors, composition taxpayers, and non-resident taxable persons can claim refunds without filing FORM GSTR-1 and GSTR-3B, provided they file the appropriate forms for their category. Errors in filing zero-rated supplies in GSTR-3B can be corrected for refund claims. Exporters can claim refunds on unutilized input tax credit of compensation cess if the final product is non-cess liable. The requirement for a bond or LUT is waived for zero-rated supplies of exempt or non-GST goods. Rule 96(10) restricts exporters from using input tax credits on goods procured under specific notifications for exports.
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