I wish to know that how to compliance The of notification number 16 of 2020 dated 23 March 2020 read with circular number 1473/21 dated 12.03.2021, regarding Refund under zero rated supply, therein, 1.5 Domestic supply is to be considered for getting refund.
1.Any additional documents are to be submitted to the department
2. What are the criteria is to be adopted by the department for sanctioning the refunds under notification no 16/2020 dated 23.03.20.
3. What if any taxpayer is 100% exporter and not supply in domestic market.
Pls clarify
every registered person whose aggregate turnover during the financial year 2018-2019 exceeds five crore rupees shall get his accounts audited as specified under subsection (5) of section 35 and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified, in FORM GSTR-9C for the financial year 2018- 2019, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.”.
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