https://www.taxtmi.com/acts?id=27628 The Act prescribes claims, timelines and documentary requirements for tax refunds, including a prescribed application period from the relevant date and a simplified declaration for smaller claims. Refunds encompass zero rated supplies, deemed exports and unutilised input tax credit, but unutilised credit refunds are allowed only in specified situations and subject to exclusions. The proper officer may provisionally pay a large portion of zero rated claims, must issue an order within the statutory period, and may withhold or adjust refunds where returns are pending, liabilities unpaid or where revenue risk from fraud exists, with limited interest payable if withheld amounts are later found due. en-us Sat, 24 Jun 2017 13:52:42 +0530 Tue, 27 Jun 2017 16:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27628 The Act prescribes claims, timelines and documentary requirements for tax refunds, including a prescribed application period from the relevant date and a simplified declaration for smaller claims. Refunds encompass zero rated supplies, deemed exports and unutilised input tax credit, but unutilised credit refunds are allowed only in specified situations and subject to exclusions. The proper officer may provisionally pay a large portion of zero rated claims, must issue an order within the statutory period, and may withhold or adjust refunds where returns are pending, liabilities unpaid or where revenue risk from fraud exists, with limited interest payable if withheld amounts are later found due. Act-Rules GST - States Sat, 24 Jun 2017 13:52:42 +0530 https://www.taxtmi.com/acts?id=27628