https://www.taxtmi.com/circulars?id=68861 Refund applications classified as low-risk by the system shall have a significant portion of the claimed refund sanctioned provisionally, subject to existing FORM issuance timelines; the proper officer may, with reasons recorded in writing, refuse provisional sanction and undertake detailed examination. Notified categories are excluded from provisional refunds and statutory eligibility conditions remain applicable. If provisional sanctioning exceeds the finally admissible amount, the officer shall issue a show cause notice and recover the excess under the prescribed refund and demand provisions. The risk-based provisional regime applies to applications filed on or after the effective date, with an interim similar treatment for inverted duty structure claims. en-us Fri, 03 Oct 2025 00:00:00 +0530 Mon, 13 Oct 2025 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68861 Refund applications classified as low-risk by the system shall have a significant portion of the claimed refund sanctioned provisionally, subject to existing FORM issuance timelines; the proper officer may, with reasons recorded in writing, refuse provisional sanction and undertake detailed examination. Notified categories are excluded from provisional refunds and statutory eligibility conditions remain applicable. If provisional sanctioning exceeds the finally admissible amount, the officer shall issue a show cause notice and recover the excess under the prescribed refund and demand provisions. The risk-based provisional regime applies to applications filed on or after the effective date, with an interim similar treatment for inverted duty structure claims. Circulars GST - States Fri, 03 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68861