https://www.taxtmi.com/circulars?id=66657 Refunds of accumulated ITC under section 54(3) shall be restricted to ITC reflected in FORM GSTR-2B for the relevant tax period or earlier periods where credit is available; this applies to refund claims from January 2022 onwards and modifies prior circulars referencing GSTR-2A. The undertaking in FORM RFD-01 is amended to remove references to section 42 and FORM GSTR-2/3 while retaining the obligation to repay refunded amounts with interest if clause (c) of section 16(2) is later not complied with. Export-related rules permit refund of unutilized ITC and refund of integrated tax paid under Rule 96A when export or payment realization subsequently occurs, but not refund of interest. en-us Fri, 21 Jul 2023 00:00:00 +0530 Mon, 24 Jul 2023 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66657 Refunds of accumulated ITC under section 54(3) shall be restricted to ITC reflected in FORM GSTR-2B for the relevant tax period or earlier periods where credit is available; this applies to refund claims from January 2022 onwards and modifies prior circulars referencing GSTR-2A. The undertaking in FORM RFD-01 is amended to remove references to section 42 and FORM GSTR-2/3 while retaining the obligation to repay refunded amounts with interest if clause (c) of section 16(2) is later not complied with. Export-related rules permit refund of unutilized ITC and refund of integrated tax paid under Rule 96A when export or payment realization subsequently occurs, but not refund of interest. Circulars GST - States Fri, 21 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66657