HSN/SAC code requirement streamlines ITC refund verification and prevents ineligible claims during relief measures.
Requirement to provide HSN/SAC codes with refund applications integrates classification into the application to streamline verification and prevent processing of ineligible or fraudulent ITC refund claims. The GST Council also allowed bunching of tax periods across financial years to aid exporters and extended due dates for affected applications; refunds of ITC on services and capital goods remain disallowed in certain categories such as inverted structure and specified export related claims.

GST revenue collection shows contraction in monthly and import receipts, affecting central and state settlements.
Gross GST revenue in March 2020 comprised central, state, integrated and cess components and declined year-on-year; the Centre carried out regular IGST settlements to CGST and SGST and apportioned an unsettled IGST balance on an ad-hoc 50:50 basis between Centre and States/UTs, producing specified post-settlement receipts. Domestic receipts fell for the month while import GST fell more sharply; annual figures show modest domestic growth but a fall in import-derived GST, and state-wise collections display mixed growth.