Refund:
Refund: Time limit for refund of tax or interest is two years Refund of accumulated ITC allowed in case of exports or where the credit accumulation is on account of inverted duty structure Refund to be granted within 60 days from the date of receipt of complete application Interest is payable if refund is not sanctioned within 60 days Refund claim along with documentary evidence to be filed online without any physical interface with tax authorities Immediate provisional sanction of 90% of refund claim on account of zero-rated supplies Tax refund will be directly credited to the bank account of applicant