Deemed export refund rules updated: application parties clarified and refund forms RFD-01 revised for service and SEZ supplies. The amendment clarifies that refund applications for supplies regarded as deemed exports may be filed by the recipient or, where the recipient forgoes input tax credit with an undertaking, by the supplier; it permits the Commissioner to allow an extension beyond three months; and it replaces Statements 2 and 4 in FORM GST RFD-01 to specify required fields for refunds of exports of services with tax payment and for supplies to SEZ units or developers on payment of tax.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deemed export refund rules updated: application parties clarified and refund forms RFD-01 revised for service and SEZ supplies.
The amendment clarifies that refund applications for supplies regarded as deemed exports may be filed by the recipient or, where the recipient forgoes input tax credit with an undertaking, by the supplier; it permits the Commissioner to allow an extension beyond three months; and it replaces Statements 2 and 4 in FORM GST RFD-01 to specify required fields for refunds of exports of services with tax payment and for supplies to SEZ units or developers on payment of tax.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
