https://www.taxtmi.com/circulars?id=61006 Clarifies procedural mechanisms for claiming refunds of accumulated Input Tax Credit where reversals or supplier notifications affect eligibility. For cases where portal validation prevents claiming inverted-structure refunds after reversal, taxpayers must file under the "any other" category in FORM GST RFD-01A with required documents; the proper officer will calculate admissible refund, require debit from the electronic credit ledger via FORM GST DRC-03, and then issue refund order and payment advice. Late reversals attract interest and refund payment is conditional on reversal and interest payment. en-us Thu, 18 Apr 2019 00:00:00 +0530 Thu, 16 May 2019 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61006 Clarifies procedural mechanisms for claiming refunds of accumulated Input Tax Credit where reversals or supplier notifications affect eligibility. For cases where portal validation prevents claiming inverted-structure refunds after reversal, taxpayers must file under the "any other" category in FORM GST RFD-01A with required documents; the proper officer will calculate admissible refund, require debit from the electronic credit ledger via FORM GST DRC-03, and then issue refund order and payment advice. Late reversals attract interest and refund payment is conditional on reversal and interest payment. Circulars GST - States Thu, 18 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61006