CBEC explains 'Refunds' under GST, no 'unjust enrichment' test for claims below Rs. 2 lakh

CBEC explains that refund provisions under GST regime aim to streamline and standardise the refund procedures; GST law provides for situations leading to refund claims which inter alia include export of goods / services, supplies to SEZ units and developers, deemed exports, inverted duty structure, pre-deposits and refund vouchers for taxes paid on advances against which goods / services have not been supplied; While refund claim has to be filed within 2 years from ...