https://www.taxtmi.com/article/detailed?id=9668 Amendments permit refund of unutilised input tax credit on zero rated supplies without payment of integrated tax under bond or Letter of Undertaking, subject to conditions; exporters must deposit refunds with interest if sale proceeds are not realised within the foreign exchange time limit. The definition of supply now treats transactions between a person (other than an individual) and its members as supplies between distinct persons. Input credit claims require supplier furnishing of outward supply invoice details. Provisional attachment powers and detention, release and penalty procedures have been expanded and timelines prescribed. en-us Fri, 05 Feb 2021 17:11:06 +0530 Fri, 05 Feb 2021 18:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9668 Amendments permit refund of unutilised input tax credit on zero rated supplies without payment of integrated tax under bond or Letter of Undertaking, subject to conditions; exporters must deposit refunds with interest if sale proceeds are not realised within the foreign exchange time limit. The definition of supply now treats transactions between a person (other than an individual) and its members as supplies between distinct persons. Input credit claims require supplier furnishing of outward supply invoice details. Provisional attachment powers and detention, release and penalty procedures have been expanded and timelines prescribed. Articles Goods and Services Tax - GST Fri, 05 Feb 2021 17:11:06 +0530 https://www.taxtmi.com/article/detailed?id=9668