GST refund and adjustment procedures clarified: credit notes, refund vouchers, LUT and filing extensions enable compliant tax treatment. Where tax was paid on advances or on supplies later cancelled, suppliers must issue a credit note if an invoice was issued, declare it in the return and adjust tax liability; if no output liability exists they may file for refund of excess tax via Form GST RFD-01. If a receipt voucher (but no invoice) was issued, the supplier must issue a refund voucher and may claim refund through Form GST RFD-01. Existing LUT references may be relied upon pending submission of Form GST RFD-11, and timelines for TDS deposit and refund application periods have been extended.
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Provisions expressly mentioned in the judgment/order text.
GST refund and adjustment procedures clarified: credit notes, refund vouchers, LUT and filing extensions enable compliant tax treatment.
Where tax was paid on advances or on supplies later cancelled, suppliers must issue a credit note if an invoice was issued, declare it in the return and adjust tax liability; if no output liability exists they may file for refund of excess tax via Form GST RFD-01. If a receipt voucher (but no invoice) was issued, the supplier must issue a refund voucher and may claim refund through Form GST RFD-01. Existing LUT references may be relied upon pending submission of Form GST RFD-11, and timelines for TDS deposit and refund application periods have been extended.
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