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of <h1>Karnataka Updates GST Refund Rules: Link ITC to GSTR-2B; Revise RFD-01; Clarify Export Refund Turnover Calculations.</h1> The Karnataka Department of Commercial Taxes issued a circular addressing GST refund-related issues to ensure uniformity in law implementation. It clarifies that refunds of accumulated input tax credit (ITC) are linked to invoices reflected in Form GSTR-2B from January 2022. The circular also updates the undertaking requirement in Form RFD-01, removing references to omitted sections and forms. It explains the calculation of 'adjusted total turnover' for export refunds and confirms that exporters can claim refunds for unutilized ITC and integrated tax, but not interest, if exports occur after the prescribed period. Refund applications may be filed under 'Excess payment of tax' or 'Any Other' categories.
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