https://www.taxtmi.com/circulars?id=64071 The circular permits clubbing of refund claims across financial years by removing the earlier restriction; clarifies that refunds for accumulated ITC due to rate reductions do not apply where input and output are the same; mandates that refunds for supplies other than zero rated be apportioned and discharged in the original modes of payment with cash refunds via FORM GST RFD 06 and credit re credits via FORM GST PMT 03; restricts ITC refunds to invoices uploaded in FORM GSTR 1 and reflected in FORM GSTR 2A; and requires HSN/SAC codes in Annexure B for invoice statements. en-us Thu, 16 Apr 2020 00:00:00 +0530 Tue, 09 Jun 2020 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64071 The circular permits clubbing of refund claims across financial years by removing the earlier restriction; clarifies that refunds for accumulated ITC due to rate reductions do not apply where input and output are the same; mandates that refunds for supplies other than zero rated be apportioned and discharged in the original modes of payment with cash refunds via FORM GST RFD 06 and credit re credits via FORM GST PMT 03; restricts ITC refunds to invoices uploaded in FORM GSTR 1 and reflected in FORM GSTR 2A; and requires HSN/SAC codes in Annexure B for invoice statements. Circulars GST - States Thu, 16 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64071