Refund procedures for deemed exports and inverted tax credit updated to require specific statements and declarations in GST refund forms. The notification amends GST return and refund forms to require detailed reporting and specific declarations for zero-rated supplies, deemed exports and refunds due to ITC accumulation from inverted tax structure. FORM GSTR-1 Table 6 is replaced to categorise exports, SEZ supplies and deemed exports with invoice and tax breakups. FORM GST RFD-01 and RFD-01A are updated to include Statement 1A (ITC inverted structure) and Statement 5B (deemed exports), expand recipient/supplier identification, and substitute declarations and undertakings to confirm invoice listing, non-duplication of claims, and repayment obligations where statutory conditions are unmet.
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Provisions expressly mentioned in the judgment/order text.
Refund procedures for deemed exports and inverted tax credit updated to require specific statements and declarations in GST refund forms.
The notification amends GST return and refund forms to require detailed reporting and specific declarations for zero-rated supplies, deemed exports and refunds due to ITC accumulation from inverted tax structure. FORM GSTR-1 Table 6 is replaced to categorise exports, SEZ supplies and deemed exports with invoice and tax breakups. FORM GST RFD-01 and RFD-01A are updated to include Statement 1A (ITC inverted structure) and Statement 5B (deemed exports), expand recipient/supplier identification, and substitute declarations and undertakings to confirm invoice listing, non-duplication of claims, and repayment obligations where statutory conditions are unmet.
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