https://www.taxtmi.com/forum/issue?id=120107 A registered supplier making zero-rated supplies under a filed Letter of Undertaking may claim refund of unutilised input tax credit arising from IGST paid under the reverse charge mechanism on import of services, subject to statutory conditions and calculation rules; CBIC Circular No.125/44/2019-GST clarifies that refunds under the inverted tax structure do not include tax on input services or capital goods, and selection of the refund period will affect the refundable amount. en-us Sat, 07 Jun 2025 14:28:31 +0530 Sun, 08 Jun 2025 23:13:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120107 A registered supplier making zero-rated supplies under a filed Letter of Undertaking may claim refund of unutilised input tax credit arising from IGST paid under the reverse charge mechanism on import of services, subject to statutory conditions and calculation rules; CBIC Circular No.125/44/2019-GST clarifies that refunds under the inverted tax structure do not include tax on input services or capital goods, and selection of the refund period will affect the refundable amount. Discussion-Forum GST Sat, 07 Jun 2025 14:28:31 +0530 https://www.taxtmi.com/forum/issue?id=120107