https://www.taxtmi.com/circulars?id=56816 Claims for refunds of unutilised input tax credit due to inverted tax structure and for deemed exports must be filed manually in FORM GST RFD-01A (monthly, with quarterly option for eligible small taxpayers) accompanied by Statement-1 and Statement-1A or Statement-5B, required undertakings and declarations. The GSTN workflow requires entry of turnover, output tax, Net ITC and Adjusted Total Turnover so the system auto-calculates the maximum eligible refund, debits the eligible amount from the Electronic Credit Ledger on submission, generates an ARN whose printout must be physically submitted to the designated nodal office, and enables nodal verification, issuance of acknowledgements or deficiency memos and adjustment against outstanding liabilities. en-us Wed, 21 Feb 2018 00:00:00 +0530 Mon, 12 Mar 2018 16:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56816 Claims for refunds of unutilised input tax credit due to inverted tax structure and for deemed exports must be filed manually in FORM GST RFD-01A (monthly, with quarterly option for eligible small taxpayers) accompanied by Statement-1 and Statement-1A or Statement-5B, required undertakings and declarations. The GSTN workflow requires entry of turnover, output tax, Net ITC and Adjusted Total Turnover so the system auto-calculates the maximum eligible refund, debits the eligible amount from the Electronic Credit Ledger on submission, generates an ARN whose printout must be physically submitted to the designated nodal office, and enables nodal verification, issuance of acknowledgements or deficiency memos and adjustment against outstanding liabilities. Circulars GST - States Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56816