Refund period clubbing allowed across financial years; refund modes proportionate to original payment and ITC rules clarified. Restriction on clubbing refund claims across different financial years is removed. Refund of accumulated ITC due solely to a reduction in GST rate on the same goods is not admissible under the inverted duty provision. Refunds for supplies other than zero rated supplies shall be paid proportionately in the original mode of payment, with cash portions paid via FORM GST RFD-06 and credit portions re credited via FORM GST PMT-03. Refund of accumulated ITC is limited to invoices uploaded by suppliers and reflected in FORM GSTR-2A, and Annexure-B is amended to require HSN/SAC codes where applicable.
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Provisions expressly mentioned in the judgment/order text.
Refund period clubbing allowed across financial years; refund modes proportionate to original payment and ITC rules clarified.
Restriction on clubbing refund claims across different financial years is removed. Refund of accumulated ITC due solely to a reduction in GST rate on the same goods is not admissible under the inverted duty provision. Refunds for supplies other than zero rated supplies shall be paid proportionately in the original mode of payment, with cash portions paid via FORM GST RFD-06 and credit portions re credited via FORM GST PMT-03. Refund of accumulated ITC is limited to invoices uploaded by suppliers and reflected in FORM GSTR-2A, and Annexure-B is amended to require HSN/SAC codes where applicable.
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