https://www.taxtmi.com/circulars?id=67354 Refund of accumulated input tax credit is restricted to ITC reflected in the applicant's Form GSTR-2B for the relevant or prior tax periods; this replaces reliance on Form GSTR-2A and applies to refund claims for periods governed by the amended availment rules. The Form RFD-01 undertaking is revised to remove references to provisionally accepted ITC and deleted procedural forms, retaining an undertaking to repay refunded amounts with interest if clause (c) of sub section (2) of section 16 is subsequently found unmet. Export value for adjusted total turnover must follow the inserted Explanation. Exporters who paid IGST under compliance provisions may claim refund of unutilized ITC and IGST paid, but not interest. en-us Fri, 28 Jul 2023 00:00:00 +0530 Tue, 30 Apr 2024 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67354 Refund of accumulated input tax credit is restricted to ITC reflected in the applicant's Form GSTR-2B for the relevant or prior tax periods; this replaces reliance on Form GSTR-2A and applies to refund claims for periods governed by the amended availment rules. The Form RFD-01 undertaking is revised to remove references to provisionally accepted ITC and deleted procedural forms, retaining an undertaking to repay refunded amounts with interest if clause (c) of sub section (2) of section 16 is subsequently found unmet. Export value for adjusted total turnover must follow the inserted Explanation. Exporters who paid IGST under compliance provisions may claim refund of unutilized ITC and IGST paid, but not interest. Circulars GST - States Fri, 28 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67354