Payment Towards Output Tax Can Be Made By Utilisation Of Amount Available In Electronic Credit Ledger Of A Registered Person: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification on various issues pertaining to GST. The CBIC has notified that the refund in respect of deemed export supplies is the refund of tax paid on the supplies. However, the recipients of deemed export supplies were facing difficulties on the portal in claiming a refund of tax paid due to the requirement of...