Deemed exports and refund procedure updated under GST returns, adding new statements and declarations for suppliers and recipients. Amendments revise FORM GSTR-1 to restructure Table 6 for zero-rated supplies into exports, SEZ supplies and deemed exports, and amend FORMS GST RFD-01 and RFD-01A to include suppliers/recipients as claimants, add Statement 1A for ITC accumulated due to inverted tax structure, add Statement 5B for deemed export refunds, and replace declarations and undertakings to require invoice-specific claims, non-duplication of refund/ITC claims and repayment with interest if statutory conditions are not met.
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 exports and refund procedure updated under GST returns, adding new statements and declarations for suppliers and recipients.
Amendments revise FORM GSTR-1 to restructure Table 6 for zero-rated supplies into exports, SEZ supplies and deemed exports, and amend FORMS GST RFD-01 and RFD-01A to include suppliers/recipients as claimants, add Statement 1A for ITC accumulated due to inverted tax structure, add Statement 5B for deemed export refunds, and replace declarations and undertakings to require invoice-specific claims, non-duplication of refund/ITC claims and repayment with interest if statutory conditions are not met.
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 
