https://www.taxtmi.com/circulars?id=67400 Procedural clarifications require issuance of a credit note to adjust GST paid on advances or returned goods where an invoice was issued, declared in the return for the month of issuance and adjusted against output liability; if no output liability exists, taxpayers may claim excess tax refund through Form GST RFD-01. Where GST was paid on advances without issuance of invoice, a refund voucher must be issued and refund sought via Form GST RFD-01. Zero-rated supplies may continue under LUT subject to furnishing annual form Form GST RFD-11 within the extended timeline. en-us Wed, 06 Jan 2021 00:00:00 +0530 Wed, 08 May 2024 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67400 Procedural clarifications require issuance of a credit note to adjust GST paid on advances or returned goods where an invoice was issued, declared in the return for the month of issuance and adjusted against output liability; if no output liability exists, taxpayers may claim excess tax refund through Form GST RFD-01. Where GST was paid on advances without issuance of invoice, a refund voucher must be issued and refund sought via Form GST RFD-01. Zero-rated supplies may continue under LUT subject to furnishing annual form Form GST RFD-11 within the extended timeline. Circulars GST - States Wed, 06 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67400