It notifies certain goods failing into specified tariff heading in respect of which refund of un-utilized input tax credit is not allowed where the credit has accumulated on account of inverted duty structure. 

As amended vide notification No.

29/2017-Central Tax (Rate), dated 22.09.2017 
44/2017-Central Tax (Rate), dated 14.11.2017
09/2022-Central Tax (Rate), dated 13.07.2022 (w.e.f. 18.07.2022).  

It, interalia, notified @ 6% per annum as the rate of interest payable under Section 54(12) of the CGST Act, 2017 in case of delayed payment of refund. 

As amended vide notification Nos.

31/2020-Central Tax, dated 03.04.2020 (w.e.f. 20.03.2020);
51/2020-Central Tax, dated 24.06.2020;
08/2021-Central Tax, dated 01.05.2021 (w.e.f. 18.04.2021);
18/2021-Central Tax, dated 01.06.2021 (w.e.f. 18.05.2021).

It notifies that refund of un-utilised input tax credit is not allowed in case of supplies of services in sub-item (b) of item 5 of Schedule II of the CGST Act, 2017 is 

Clarification on refund of un-utilised input tax credit on GST paid on inputs in respect of exporter of Fabrics.. 

It specified conditions and safeguards for furnishing a LUT in place of bond by registered person who intends to supply goods or services for export without payment of Integrated Tax.

Notification No.

37/2017-Central Tax, dated 04.10.2017 

It specified conditions and safeguards for furnishing a LUT in place of bond by registered person who intends to supply goods or services for export without payment of Integrated Tax. 

Procedure relating to sanction, post audit and review of refund claims. 

Manner of Processing and sanction of IGST Refunds, withheld in terms of clause (c) of sub-rule (4) of Rule 96, transmitted to the jurisdictional GST Authorities under sub-rule (5A) of rule 96 of the CGST Rules, 2017.

It notified the category of registered persons who shall not be eligible for refund on provisional basis.

(w.e.f. 01.10.2025)