Deemed export and inverted-ITC refund procedures updated, adding structured statements, declarations and undertakings for GST refund claims. Amendment substitutes Table 6 of FORM GSTR-1 to itemise zero-rated supplies, supplies to SEZ and deemed exports with tax bifurcation, and revises FORM GST RFD-01 and RFD-01A by adding Statement 1A for ITC accumulated due to inverted duty structure and Statement 5B for refunds on account of deemed exports; it also amends Table 7 wording to include both recipient and supplier of deemed export supplies and replaces the declarations and undertakings requiring invoice-level detail, certification regarding input tax credit and an undertaking to repay refunds with interest if statutory conditions are not satisfied.
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Provisions expressly mentioned in the judgment/order text.
Deemed export and inverted-ITC refund procedures updated, adding structured statements, declarations and undertakings for GST refund claims.
Amendment substitutes Table 6 of FORM GSTR-1 to itemise zero-rated supplies, supplies to SEZ and deemed exports with tax bifurcation, and revises FORM GST RFD-01 and RFD-01A by adding Statement 1A for ITC accumulated due to inverted duty structure and Statement 5B for refunds on account of deemed exports; it also amends Table 7 wording to include both recipient and supplier of deemed export supplies and replaces the declarations and undertakings requiring invoice-level detail, certification regarding input tax credit and an undertaking to repay refunds with interest if statutory conditions are not satisfied.
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