https://www.taxtmi.com/forum/issue?id=116184 Amendment sets the turnover of zero-rated supply of goods for ITC refund as the lesser of actual zero-rated export value under bond or LUT, or a multiple of the value of like goods domestically supplied by the same or similarly placed supplier as declared by the supplier; supplier declaration is required and the cap applies to refund claims filed after the notification date, with product-wise, quantity-equivalent comparisons used in practice. en-us Mon, 06 Apr 2020 15:05:12 +0530 Thu, 23 Jan 2025 15:54:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116184 Amendment sets the turnover of zero-rated supply of goods for ITC refund as the lesser of actual zero-rated export value under bond or LUT, or a multiple of the value of like goods domestically supplied by the same or similarly placed supplier as declared by the supplier; supplier declaration is required and the cap applies to refund claims filed after the notification date, with product-wise, quantity-equivalent comparisons used in practice. Discussion-Forum GST Mon, 06 Apr 2020 15:05:12 +0530 https://www.taxtmi.com/forum/issue?id=116184