https://www.taxtmi.com/article/detailed?id=9150 Circular No. 135/05/2020-GST removes the restriction on filing consolidated refund claims across financial years; clarifies that accumulated ITC caused by temporal rate changes on identically classified input and output does not qualify for inverted duty refunds; mandates proportional refund disbursal to the original payment source with ITC re credited via Form GST PMT-03 and cash paid via Form RFD-06; and restricts refunds of accumulated ITC to invoices reflected in the applicant's GSTR-2A, while requiring HSN/SAC details in Annexure B where available. en-us Tue, 05 May 2020 08:18:25 +0530 Wed, 06 May 2020 05:57:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9150 Circular No. 135/05/2020-GST removes the restriction on filing consolidated refund claims across financial years; clarifies that accumulated ITC caused by temporal rate changes on identically classified input and output does not qualify for inverted duty refunds; mandates proportional refund disbursal to the original payment source with ITC re credited via Form GST PMT-03 and cash paid via Form RFD-06; and restricts refunds of accumulated ITC to invoices reflected in the applicant's GSTR-2A, while requiring HSN/SAC details in Annexure B where available. Articles Goods and Services Tax - GST Tue, 05 May 2020 08:18:25 +0530 https://www.taxtmi.com/article/detailed?id=9150