https://www.taxtmi.com/circulars?id=65396 The circular clarifies that the time limit under section 54(1) does not apply to refunds of excess balances in the electronic cash ledger and that unjust enrichment certification under Rule 89(2)(l)/(m) is not required for such refunds. TDS/TCS amounts credited to the electronic cash ledger are equivalent to cash deposits and unutilized balances may be refunded after discharge of dues. For deemed export refunds, clause (b) of Explanation (2) to section 54 governs the relevant date, which is the date of filing of the supplier's return related to those supplies. en-us Mon, 07 Feb 2022 00:00:00 +0530 Wed, 09 Feb 2022 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65396 The circular clarifies that the time limit under section 54(1) does not apply to refunds of excess balances in the electronic cash ledger and that unjust enrichment certification under Rule 89(2)(l)/(m) is not required for such refunds. TDS/TCS amounts credited to the electronic cash ledger are equivalent to cash deposits and unutilized balances may be refunded after discharge of dues. For deemed export refunds, clause (b) of Explanation (2) to section 54 governs the relevant date, which is the date of filing of the supplier's return related to those supplies. Circulars GST - States Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65396