https://www.taxtmi.com/circulars?id=60338 Clarifications govern refund processing for zero rated exports: drawback of central tax bars refund of that central input credit but basic customs duty drawback does not; Table 9 amendments in FORM GSTR 1 and GSTR 3B rectifications must be considered; LUT may be condoned ex post facto where exports occurred; only one deficiency memo may be issued requiring a fresh application for rectification; transitional credits are excluded from 'Net ITC'; and where GST invoice and shipping bill values differ the lower value should be sanctioned. en-us Thu, 15 Mar 2018 00:00:00 +0530 Mon, 16 Mar 2026 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60338 Clarifications govern refund processing for zero rated exports: drawback of central tax bars refund of that central input credit but basic customs duty drawback does not; Table 9 amendments in FORM GSTR 1 and GSTR 3B rectifications must be considered; LUT may be condoned ex post facto where exports occurred; only one deficiency memo may be issued requiring a fresh application for rectification; transitional credits are excluded from 'Net ITC'; and where GST invoice and shipping bill values differ the lower value should be sanctioned. Circulars GST - States Thu, 15 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60338