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of <h1>GST Circular Clarifies Refund Claims for Deemed Exports and Zero-Rated Supplies, Amends ITC Rules and Deadline Extensions.</h1> The circular addresses issues related to GST refunds, specifically for deemed export supplies and zero-rated supplies. It clarifies that recipients of deemed export supplies can claim refunds without the restriction of not availing Input Tax Credit (ITC), modifying previous circular provisions. The circular extends the period for filing refund claims for zero-rated supplies wrongly declared, now allowing claims up to March 31, 2021. It also explains the calculation of 'Adjusted Total Turnover' under Rule 89(4) of the CGST Rules, applying restrictions on zero-rated supply turnover to ensure accurate refund calculations. The circular advises issuing trade notices to disseminate these clarifications.
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