1. CBIC has clarified that there is no restriction on bunching of refund claims across financial years (Circular No. 125/44/2019-GST Dated-18.11.2019 stands modified). 2. Refund of accumulated ITC on account of reduction in GST rate not applicable where input and output supplies are the same. 3. Refund of tax paid on supplies other than zero rated supplies will now be admissible proportionately in the respective original mode of payment i.e. the refund to be paid in cash and credit shall be calculated in the same proportion in which the cash and credit ledger has been debited for discharging the total tax liability for the relevant period for which application for refund has been filed. 4. Further the refund of accumulated ITC availed is restricted to those invoices, which are uploaded in GSTR-1 and reflected in GSTR-2A of the applicant. 5. Format for Statement of invoices to be submitted with application for refund of unutilized ITC is attached, HSN/SAC Code added in the statement of invoices relating to inward supply as provided in Annexure–B.