Refund of input tax credit recalibrated for zero rated supplies and exports, with revised eligibility and documentation rules. The amendment recognises UINs issued under the Central Act for Maharashtra purposes, limits retrospective registration amendments to Commissioner orders with recorded reasons, prescribes a formula and definitions to calculate refunds of input tax credit for zero rated supplies made under bond or letter of undertaking, addresses refunds where suppliers benefited from specified notifications, imposes eligibility restrictions for integrated tax export refunds in such cases, mandates quarterly filing of refund claims in FORM GST RFD 10 with GSTR 11 statements, and substitutes multiple registration and refund forms for non resident online suppliers and UIN holders.
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Provisions expressly mentioned in the judgment/order text.
Refund of input tax credit recalibrated for zero rated supplies and exports, with revised eligibility and documentation rules.
The amendment recognises UINs issued under the Central Act for Maharashtra purposes, limits retrospective registration amendments to Commissioner orders with recorded reasons, prescribes a formula and definitions to calculate refunds of input tax credit for zero rated supplies made under bond or letter of undertaking, addresses refunds where suppliers benefited from specified notifications, imposes eligibility restrictions for integrated tax export refunds in such cases, mandates quarterly filing of refund claims in FORM GST RFD 10 with GSTR 11 statements, and substitutes multiple registration and refund forms for non resident online suppliers and UIN holders.
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