https://www.taxtmi.com/circulars?id=67166 Refund of accumulated input-tax credit under section 54(3) is restricted, from January 1, 2022, to credit reflected in Form GSTR-2B for the relevant or any prior tax period on which credit is available; prior circulars limiting refunds to GSTR-1/GSTR-2A are modified. The Form RFD-01 undertaking is retained but revised to reference only clause (c) of sub-section (2) of section 16, with references to section 42 and GSTR-2/GSTR-3 removed. Adjusted total turnover must include exports as determined by the Explanation in sub-rule (4) of rule 89. Exporters who paid IGST under rule 96A may claim refund of the tax (not interest) once export/payment occurs, filing under "Any Other" if portal options are unavailable. en-us Mon, 24 Jul 2023 00:00:00 +0530 Wed, 07 Feb 2024 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67166 Refund of accumulated input-tax credit under section 54(3) is restricted, from January 1, 2022, to credit reflected in Form GSTR-2B for the relevant or any prior tax period on which credit is available; prior circulars limiting refunds to GSTR-1/GSTR-2A are modified. The Form RFD-01 undertaking is retained but revised to reference only clause (c) of sub-section (2) of section 16, with references to section 42 and GSTR-2/GSTR-3 removed. Adjusted total turnover must include exports as determined by the Explanation in sub-rule (4) of rule 89. Exporters who paid IGST under rule 96A may claim refund of the tax (not interest) once export/payment occurs, filing under "Any Other" if portal options are unavailable. Circulars GST - States Mon, 24 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67166