The Central Board of Indirect Taxes and Customs (CBIC) has issued the clarification on certain GST refund related issues. The board has received various representations from taxpayers and other stakeholders seeking clarification in respect of certain issues relating to refund. The issues have been examined. In order to ensure uniformity in the implementation of the provisions of the law across field formations, the Board, in exercise of its powers conferred by section 168(1) of the Central Goods and Services Tax Act, 2017 (CGST Act), clarified on various issues.
Source Taxscan
