https://www.taxtmi.com/circulars?id=61227 Refund procedures: ISDs, composition taxpayers and non resident taxable persons may claim electronic ledger refunds without filing FORM GSTR 1 or FORM GSTR 3B, relying instead on their class specific GSTR returns. Exporters who misreported zero rated supplies in GSTR 3B but correctly recorded them in GSTR 1 may claim integrated tax/cess refunds up to the aggregate declared in the relevant GSTR 3B columns for the period. Compensation cess credit on inputs used for zero rated supplies may be refunded when supplies are under bond or LUT, but cannot be used to pay integrated tax where law restricts cess utilization to cess liabilities on outward supplies. Restrictions preventing exporters from paying integrated tax where suppliers availed specified notification benefits apply only to direct procurements from such suppliers. Exporters of exempted or non GST goods need not furnish bond or LUT to claim refunds of unutilized input tax credits, subject to other statutory compliance. en-us Thu, 31 May 2018 00:00:00 +0530 Thu, 30 May 2019 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61227 Refund procedures: ISDs, composition taxpayers and non resident taxable persons may claim electronic ledger refunds without filing FORM GSTR 1 or FORM GSTR 3B, relying instead on their class specific GSTR returns. Exporters who misreported zero rated supplies in GSTR 3B but correctly recorded them in GSTR 1 may claim integrated tax/cess refunds up to the aggregate declared in the relevant GSTR 3B columns for the period. Compensation cess credit on inputs used for zero rated supplies may be refunded when supplies are under bond or LUT, but cannot be used to pay integrated tax where law restricts cess utilization to cess liabilities on outward supplies. Restrictions preventing exporters from paying integrated tax where suppliers availed specified notification benefits apply only to direct procurements from such suppliers. Exporters of exempted or non GST goods need not furnish bond or LUT to claim refunds of unutilized input tax credits, subject to other statutory compliance. Circulars GST Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61227