If Any Manufacturer bought New Machinery after 01.04.2019 then he can Claim for 5 % Capital Refund of Machinery Value Up to 25 Lac (Whichever is Lower) in Under Packaging Scheme of Incentive-2019 Under Para 4.9 A (Technology Up-gradation Scheme).
Dear Clients & Friends: Single refund application for multiple financial years now enabled on GST Portal. For eg. Now, an registered person can file an single application for grant of GST refund for the period 01-03-2020 to 30-06-2020 (March 20 to June 20) which lies across 2 different financial years. This fulfills one important demand by the industry on the road of simplification of processes on GSTN (Ease of doing business).