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of <h1>Circular Limits ITC Refunds to Invoices in FORM GSTR-2A; Excludes Imports and RCM Supplies from Changes.</h1> The circular addresses refund issues related to accumulated Input Tax Credit (ITC) for invoices not reflected in FORM GSTR-2A. It clarifies that refunds will be restricted to ITC from invoices uploaded by suppliers in FORM GSTR-1 and reflected in FORM GSTR-2A. This modifies previous guidelines allowing refunds for missing invoices. However, the circular does not affect ITC refunds for imports, ISD invoices, and supplies under Reverse Charge Mechanism (RCM), which remain unchanged. Authorities are requested to issue trade notices to disseminate this information, and any implementation difficulties should be reported to the Board.
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