Blocked input tax credit for resort construction remains unavailable; interest follows actual utilisation, while delayed payment attracts statutory pe...
Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
Circular provides revised procedure for electronic filing and processing of refund applications by Canteen Stores Department (CSD) u/s 55 of CGST Act. CSD can electronically file refund application in FORM GST RFD-10A on common portal for 50% refund of central, state, UT and integrated tax paid on inward supplies for subsequent supply to Unit Run Canteens or authorized customers. CSD to file refund application quarterly, allowed to club multiple quarters/financial years. Refund available only if supplier furnished invoice details in GSTR-1 and filed GSTR-3B. Proper officer to process refund claim as per Rule 89, verify invoices, tax payment and ITC reversal. Refund amount capped at 50% of taxes paid. Earlier Circular 60/34/2018-GST superseded for electronic refund applications.
Circular provides revised procedure for electronic filing and processing of refund applications by Canteen Stores Department (CSD) u/s 55 of CGST Act. CSD can electronically file refund application in FORM GST RFD-10A on common portal for 50% refund of central, state, UT and integrated tax paid on inward supplies for subsequent supply to Unit Run Canteens or authorized customers. CSD to file refund application quarterly, allowed to club multiple quarters/financial years. Refund available only if supplier furnished invoice details in GSTR-1 and filed GSTR-3B. Proper officer to process refund claim as per Rule 89, verify invoices, tax payment and ITC reversal. Refund amount capped at 50% of taxes paid. Earlier Circular 60/34/2018-GST superseded for electronic refund applications.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
