Tag: Refunds
CBIC has clarified issues relating to refund of accumulated ITC in respect of invoices whose details are not reflected in the FORM GSTR-2A of the applicant, vide Circular 139/09/2020.
falls during the period from the 20th day of March, 2020 to the 29th day of June, 2020.
Income Tax Deptt. has issued refunds of Rs. 26,242 crores since 1st April 2020 to 16.84 lac individual/ corporate assessees. Further, the refund process has been geared up for …
CBIC has issued Master Circular on procedure for electronic submission and processing of refund applications in supersession of earlier Circulars (e refund process) through Form GST RFD 01 applicable …
CBIC has issued Circular No. 16/2019 Customs dt. 17 June 2019 to modify the automated process for claiming IGST refunds by Exporters. Now all risky/ suspicious exporters will face …
CBIC has issued a Press Release/ Advisory for UIN Entities (Consulates, Embassies, UN Organizations) claiming GST Refunds, to make correct reporting in GSTR-11 about the “place of supply” and …
CBIC has issued a circular to clarify certain issues relating to refund, like requirement of re-credit in the electronic credit ledger (using FORM GST RFD-01B) where a deficiency memo in …
CBIC has issued a Press Release to share factual figures on pending GST refund claims of exporters and to deny the print media reports with exaggerated figures (Rs. 23,000 …
CBIC has clarified that where exporters have opted/ preferred to take drawback at higher rate in place of IGST refund for the period 1 July 2017 to 30 Sept. 2017, …
CBIC has issued clarification circular regarding eligibility of UN/ specified international organizations, foreign diplomatic mission or consular posts, diplomatic agents and consular offices post therein for refund of GST Compensation …