Ch 3 · GST — Registration, Returns & Refunds

⭐ Important points (exam-critical)

• ⭐E-invoicing mandatory for turnover > ₹5 crore (FY 2023-24 threshold).
• ⭐Aadhaar authentication mandatory for fresh registrations to curb fake registrations.
• ⭐Refund on account of inverted duty structure does not apply to specified notified goods.
• ⭐Sec 54(3) — refund of accumulated ITC permitted in 2 cases only: zero-rated + inverted duty.