https://www.taxtmi.com/circulars?id=67422 Suppliers who paid GST on advances or on supplies later cancelled or returned must issue credit notes where invoices were issued and declare them in the return for the month of issuance to adjust tax liability; if no output liability exists, claims may be filed as "excess payment of tax" via Form GST RFD-01. Where advances had no invoice, suppliers must issue a refund voucher and may claim refund by Form GST RFD-01. Continuity of LUT for zero-rated supplies is preserved subject to furnishing Form GST RFD-11 within the extended timeline, and timelines for TDS deposit (GSTR-7) and refund application filing are correspondingly extended. en-us Fri, 21 Aug 2020 00:00:00 +0530 Fri, 14 Jun 2024 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67422 Suppliers who paid GST on advances or on supplies later cancelled or returned must issue credit notes where invoices were issued and declare them in the return for the month of issuance to adjust tax liability; if no output liability exists, claims may be filed as "excess payment of tax" via Form GST RFD-01. Where advances had no invoice, suppliers must issue a refund voucher and may claim refund by Form GST RFD-01. Continuity of LUT for zero-rated supplies is preserved subject to furnishing Form GST RFD-11 within the extended timeline, and timelines for TDS deposit (GSTR-7) and refund application filing are correspondingly extended. Circulars GST - States Fri, 21 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67422