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of <h1>Gujarat GST Circular Lifts Tax Period Clubbing Restriction; Clarifies ITC Refunds and HSN/SAC Code Requirements.</h1> The circular from the Chief Commissioner of State Tax, Gujarat, addresses various GST refund issues. It clarifies that the restriction on clubbing tax periods across financial years for refund claims has been lifted. The circular also states that refunds of accumulated input tax credit (ITC) due to GST rate changes on the same goods are not applicable. For refunds on non-zero-rated supplies, the refund will be proportionate to the original payment method. Additionally, ITC refunds will now be limited to invoices reflected in Form GSTR-2A. A new requirement mandates mentioning HSN/SAC codes in refund applications to distinguish between goods and services.
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