https://www.taxtmi.com/news?id=43351 Refund filings for deemed export recipients no longer require chronological tax period selection; all returns due must be filed before application. The revised "Amount Eligible for Refund" table auto-populates Electronic Credit Ledger balances and Net ITC from Statement 5B, allows a downward-editable refund amount from uploaded invoices, auto-calculates the maximum eligible refund based on the prescribed order of debit, and shows amounts ineligible for refund due to insufficient ledger balance. System logic now compares total claimed ITC across major heads with total ledger ITC to maximize refundable amounts. Grievances may be raised on the GST portal. en-us Fri, 09 May 2025 15:22:34 +0530 Fri, 09 May 2025 15:22:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43351 Refund filings for deemed export recipients no longer require chronological tax period selection; all returns due must be filed before application. The revised "Amount Eligible for Refund" table auto-populates Electronic Credit Ledger balances and Net ITC from Statement 5B, allows a downward-editable refund amount from uploaded invoices, auto-calculates the maximum eligible refund based on the prescribed order of debit, and shows amounts ineligible for refund due to insufficient ledger balance. System logic now compares total claimed ITC across major heads with total ledger ITC to maximize refundable amounts. Grievances may be raised on the GST portal. News - Fri, 09 May 2025 15:22:34 +0530 https://www.taxtmi.com/news?id=43351