https://www.taxtmi.com/manuals?id=1738 Refunds of unutilised Input Tax Credit are available only for zero rated supplies (export under bond/LUT without payment of tax, or export on payment and subsequent refund) and for accumulation due to an inverted duty structure, subject to notified exceptions. Claims must follow prescribed procedures and documentation; the electronic credit ledger is debited for ITC refunds claimed, provisional refunds may be issued on acknowledgement, final orders issued within the statutory period, and interest is payable for delay with amounts electronically credited to the claimant's bank account. en-us Mon, 16 Oct 2017 17:26:00 +0530 Thu, 06 Apr 2023 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1738 Refunds of unutilised Input Tax Credit are available only for zero rated supplies (export under bond/LUT without payment of tax, or export on payment and subsequent refund) and for accumulation due to an inverted duty structure, subject to notified exceptions. Claims must follow prescribed procedures and documentation; the electronic credit ledger is debited for ITC refunds claimed, provisional refunds may be issued on acknowledgement, final orders issued within the statutory period, and interest is payable for delay with amounts electronically credited to the claimant's bank account. Manuals GST Mon, 16 Oct 2017 17:26:00 +0530 https://www.taxtmi.com/manuals?id=1738