https://www.taxtmi.com/news?id=22762 Requirement to provide HSN/SAC codes with refund applications integrates classification into the application to streamline verification and prevent processing of ineligible or fraudulent ITC refund claims. The GST Council also allowed bunching of tax periods across financial years to aid exporters and extended due dates for affected applications; refunds of ITC on services and capital goods remain disallowed in certain categories such as inverted structure and specified export related claims. en-us Sat, 18 Apr 2020 09:39:04 +0530 Sat, 18 Apr 2020 09:39:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22762 Requirement to provide HSN/SAC codes with refund applications integrates classification into the application to streamline verification and prevent processing of ineligible or fraudulent ITC refund claims. The GST Council also allowed bunching of tax periods across financial years to aid exporters and extended due dates for affected applications; refunds of ITC on services and capital goods remain disallowed in certain categories such as inverted structure and specified export related claims. News - Sat, 18 Apr 2020 09:39:04 +0530 https://www.taxtmi.com/news?id=22762