Refunds for deemed exports and inverted structure ITC clarified, with new reporting statements and reciprocal declaration requirements. Amendments amend reporting and refund forms to treat zero rated supplies, supplies to SEZs and deemed exports separately in GSTR 1; insert Statement 1A for ITC refunds due to inverted tax structure and Statement 5B for refunds on deemed exports in GST RFD 01 and RFD 01A; expand form language to include both recipient and supplier of deemed export supplies; and replace the declaration and undertaking to require invoice level listing in Statement 5B, limit refunds to ITC availed in the valid return, impose reciprocal non claim/non availment conditions, and require repayment with interest if statutory input tax credit conditions are not met.