https://www.taxtmi.com/caselaws?id=800028 Zero-rated turnover for an ITC refund must be computed for the same relevant period as Net ITC and adjusted total turnover, using export invoices issued at or before removal of goods. Physical export remains necessary to obtain the refund, but a later shipping-bill date does not shift invoice value outside the relevant-period turnover once export is proved. A proposed reduction for inadmissible ITC does not affect the sanctioned refund where the maximum permissible refund under the formula remains higher than the amount claimed. en-us Thu, 24 Sep 2026 00:00:00 +0530 Wed, 30 Sep 2026 08:41:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800028 Zero-rated turnover for an ITC refund must be computed for the same relevant period as Net ITC and adjusted total turnover, using export invoices issued at or before removal of goods. Physical export remains necessary to obtain the refund, but a later shipping-bill date does not shift invoice value outside the relevant-period turnover once export is proved. A proposed reduction for inadmissible ITC does not affect the sanctioned refund where the maximum permissible refund under the formula remains higher than the amount claimed. Case-Laws GST Thu, 24 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800028