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Clarification on refund related issues
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....- GST of State Tax (Ref. Circular No. 181/13/2022-GST of Central Tax dated 10/11/2022) Subject: Clarification on refund related issues -reg. Attention is invited to sub-section (3) of section 54 of DGST Act, 2017, which provides for the refund of unutilized input tax credit in cases where credit is accumulated on account of rate of tax of inputs being higher than the rate of tax on output....
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.... of the above notifications. In order to clarify the issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Commissioner, in exercise of its powers conferred by Section 168 of the Delhi Goods and Services Tax Act, 2017 (hereinafter referred to as "'DGST Act"), hereby clarifies the issues as under: S. No. Issue Clarification 1....
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....p;Accordingly, it is clarified that the said amended formula under sub-rule (5) of rule 89 of the DGST Rules, 2017 for calculation of refund of input tax credit on account of inverted duty structure would be applicable in respect of refund applications filed on or after 05.07.2022. The refund applications filed before 05.07.2022 will be dealt as per&nbs....
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....ate Tax (Rate) dated 17.11.2022, under the powers conferred by clause (ii) of the first proviso to sub-section (3) of section 54 of the DGST Act, 2017, certain goods falling under chapter 15 and 27 have been specified in respect of which no refund of unutilised input tax credit shall be allowed, where the credit has accumulated on account of rate o....