https://www.taxtmi.com/article/detailed?id=14804 GST refunds repay tax or unutilised Input Tax Credit to exporters and similar taxpayers, differentiating IGST-paid refunds from LUT-based ITC refunds; IGST-paid refunds allow provisional disbursements and interest for delay, while LUT refunds are calculated by apportioning net ITC to zero-rated turnover against adjusted total turnover. The procedure mandates prescribed refund forms, supporting export and payment documentation, and verification through export and GST systems. Data mismatches, portal errors, identification inconsistencies, and incomplete system integration are principal causes of delay, and supplementary claims for additional IGST are permitted subject to circulars and limitation periods. en-us Tue, 15 Jul 2025 08:39:40 +0530 Tue, 15 Jul 2025 08:39:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14804 GST refunds repay tax or unutilised Input Tax Credit to exporters and similar taxpayers, differentiating IGST-paid refunds from LUT-based ITC refunds; IGST-paid refunds allow provisional disbursements and interest for delay, while LUT refunds are calculated by apportioning net ITC to zero-rated turnover against adjusted total turnover. The procedure mandates prescribed refund forms, supporting export and payment documentation, and verification through export and GST systems. Data mismatches, portal errors, identification inconsistencies, and incomplete system integration are principal causes of delay, and supplementary claims for additional IGST are permitted subject to circulars and limitation periods. Articles Goods and Services Tax - GST Tue, 15 Jul 2025 08:39:40 +0530 https://www.taxtmi.com/article/detailed?id=14804