FinMin simplifies GST refund claim process for businesses
Easing compliance burden for businesses, the Finance Ministry has said GST refunds can be claimed by simply submitting a printout of 'GSTR-2A' form to tax authorities instead of giving all purchase invoices of a month. GSTR-2A is a purchase return auto-generated by the system based on the transaction between a business and its supplier. "The proper officer shall rely upon form GSTR-2A as an…