Aadhaar authentication and refund recovery rules reshape GST registration, capital goods credit, audit filing, and export refund compliance. The rules introduce Aadhaar authentication as a condition for registration, provide for physical verification of business premises where authentication is not completed, and require upload of the verification report and documents on the common portal. They also revise the treatment of input tax credit on capital goods, clarify useful life as five years, and amend audit and refund provisions, including re-credit of certain tax amounts, revised turnover computation for zero-rated supplies, and recovery of export-related refunds where sale proceeds are not realised within the permitted period.
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Provisions expressly mentioned in the judgment/order text.
Aadhaar authentication and refund recovery rules reshape GST registration, capital goods credit, audit filing, and export refund compliance.
The rules introduce Aadhaar authentication as a condition for registration, provide for physical verification of business premises where authentication is not completed, and require upload of the verification report and documents on the common portal. They also revise the treatment of input tax credit on capital goods, clarify useful life as five years, and amend audit and refund provisions, including re-credit of certain tax amounts, revised turnover computation for zero-rated supplies, and recovery of export-related refunds where sale proceeds are not realised within the permitted period.
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