https://www.taxtmi.com/forum/issue?id=113131 Net ITC for refund of accumulated ITC is determined for the relevant tax period and does not include TRANS 1 credit under existing provisions. TRANS 1 can be revised only once; where TRANS 1 was filed and the cenvat balance as of the cut off date transferred, any remaining unutilised cenvat balance may be used to pay IGST on exports. Total Turnover for the refund period should follow period specific rules, with TRANS 1 credits ordinarily excluded. en-us Fri, 01 Dec 2017 10:26:15 +0530 Thu, 23 Jan 2025 15:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113131 Net ITC for refund of accumulated ITC is determined for the relevant tax period and does not include TRANS 1 credit under existing provisions. TRANS 1 can be revised only once; where TRANS 1 was filed and the cenvat balance as of the cut off date transferred, any remaining unutilised cenvat balance may be used to pay IGST on exports. Total Turnover for the refund period should follow period specific rules, with TRANS 1 credits ordinarily excluded. Discussion-Forum GST Fri, 01 Dec 2017 10:26:15 +0530 https://www.taxtmi.com/forum/issue?id=113131