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of <h1>Maharashtra Clarifies MGST Refunds: No Time Limit on Excess Ledger, No Rule 89(2) Certification, TDS/TCS Refundable.</h1> The Trade Circular No. 32 T of 2021, issued by the Maharashtra State Commissioner of State Tax, clarifies refund-related issues under the MGST Act, 2017, aligning with CBIC Circular No. 166/22/2021-GST. Key clarifications include: the time period for refund applications under Section 54 of the CGST Act does not apply to excess electronic cash ledger balances; certification under Rule 89(2) is not required for such refunds; TDS/TCS amounts in the electronic cash ledger can be refunded as excess balance; and the relevant date for deemed export tax refunds is the supplier's return filing date.
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