https://www.taxtmi.com/circulars?id=61097 Where taxpayers reversed ITC required to lapse, refund of accumulated ITC due to inverted tax structure for the same period may be filed under "any other" in FORM GST RFD-01A with all statutory supporting documents; the proper officer will calculate admissible refund under refund calculation rules, request debit from the electronic credit ledger through FORM GST DRC-03, and upon receipt of debit proof issue the refund order and payment advice. Late reversals may be made via FORM GST DRC-03 but attract interest until reversal and refund is payable only after reversal and interest payment. en-us Thu, 28 Mar 2019 00:00:00 +0530 Fri, 24 May 2019 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61097 Where taxpayers reversed ITC required to lapse, refund of accumulated ITC due to inverted tax structure for the same period may be filed under "any other" in FORM GST RFD-01A with all statutory supporting documents; the proper officer will calculate admissible refund under refund calculation rules, request debit from the electronic credit ledger through FORM GST DRC-03, and upon receipt of debit proof issue the refund order and payment advice. Late reversals may be made via FORM GST DRC-03 but attract interest until reversal and refund is payable only after reversal and interest payment. Circulars GST - States Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61097