CBIC releases clarifications on certain issues related to refund

CBIC clarifies that since common portal does not allow a taxpayer to file a fresh application for refund once a deficiency memo has been issued against an earlier refund application for same period, till the time such facility is developed, taxpayers would be required to submit rectified refund application under earlier Application Reference Number (ARN) only; Reiterates that when a deficiency memo in FORM GST RFD-03 is issued to taxpayers, re-credit in the electronic credit ...