https://www.taxtmi.com/article/detailed?id=9525 Refunds under the GST regime are governed by Section 54 and related rules, distinguishing claims for zero-rated supplies, exports with tax payment, SEZ supplies, and unutilized input tax credit. Eligibility and computation follow prescribed formulas and forms, require validation of shipping and invoice data with customs EDI, and exclude certain items like duty drawback and, under rules, ITC on capital goods. Practical issues include invoice mismatches, differing high-court rulings on input services credit, and departmental recovery for erroneous refunds. en-us Tue, 27 Oct 2020 10:20:57 +0530 Tue, 27 Oct 2020 10:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9525 Refunds under the GST regime are governed by Section 54 and related rules, distinguishing claims for zero-rated supplies, exports with tax payment, SEZ supplies, and unutilized input tax credit. Eligibility and computation follow prescribed formulas and forms, require validation of shipping and invoice data with customs EDI, and exclude certain items like duty drawback and, under rules, ITC on capital goods. Practical issues include invoice mismatches, differing high-court rulings on input services credit, and departmental recovery for erroneous refunds. Articles Goods and Services Tax - GST Tue, 27 Oct 2020 10:20:57 +0530 https://www.taxtmi.com/article/detailed?id=9525