Central Goods & Services Tax Rule 89(4) Update: New Definition of "Adjusted Total Turnover" Affects ITC Refunds for Zero-Rated Supplies.

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....Refund of input tax credit (ITC) in case of Zero Rated supplies - Rule 89(4) of the Central Goods and Services Tax Rules, 2017 - Meaning of scope of "Adjusted Total Turnover" modified for the purpose of calculation.....