https://www.taxtmi.com/circulars?id=67551 The circular removes the restriction on clubbing refund claims across financial years, clarifies that accumulated ITC from the same product taxed at different rates over time is not refundable under inverted duty provisions, mandates proportionate refunding in the original mode of payment with re-crediting to the electronic credit ledger via Form GST PMT-03 and cash refunds via Form RFD-06, confines refundable accumulated ITC to invoices reflected in GSTR-2A, and requires HSN/SAC codes in Annexure B to distinguish supplies. en-us Wed, 01 Apr 2020 00:00:00 +0530 Thu, 20 Jun 2024 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67551 The circular removes the restriction on clubbing refund claims across financial years, clarifies that accumulated ITC from the same product taxed at different rates over time is not refundable under inverted duty provisions, mandates proportionate refunding in the original mode of payment with re-crediting to the electronic credit ledger via Form GST PMT-03 and cash refunds via Form RFD-06, confines refundable accumulated ITC to invoices reflected in GSTR-2A, and requires HSN/SAC codes in Annexure B to distinguish supplies. Circulars GST - States Wed, 01 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67551