https://www.taxtmi.com/circulars?id=67010 Refund of accumulated input-tax credit under section 54(3) is restricted to credit reflected in Form GSTR-2B for the tax period or earlier periods where credit is available, effective January 2022; prior guidance tied to GSTR-2A/GSTR-1 is modified. The RFD-01 undertaking is retained but revised to remove references to omitted section 42 and Forms GSTR-2/GSTR-3, requiring repayment with interest if clause (c) of sub-section (2) of section 16 is later unmet. Export-related IGST paid may be refunded on subsequent export or realization, but interest paid is not refundable. en-us Tue, 08 Aug 2023 00:00:00 +0530 Thu, 07 Dec 2023 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67010 Refund of accumulated input-tax credit under section 54(3) is restricted to credit reflected in Form GSTR-2B for the tax period or earlier periods where credit is available, effective January 2022; prior guidance tied to GSTR-2A/GSTR-1 is modified. The RFD-01 undertaking is retained but revised to remove references to omitted section 42 and Forms GSTR-2/GSTR-3, requiring repayment with interest if clause (c) of sub-section (2) of section 16 is later unmet. Export-related IGST paid may be refunded on subsequent export or realization, but interest paid is not refundable. Circulars GST - States Tue, 08 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67010