REFUND IN GST

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SITUATIONS WHERE REFUND CAN BE CLAIMED

  • Export of goods or services
  • Supplies to SEZ units and developers
  • Deemed export supplies
  • Refund of taxes on purchase made by UN or embassies etc
  • Refund arising from order, judgment, direction or decree of the Appellate Tribunal, Appellate Authority or any court of law
  • Finalisation of provisional assessment
  • Refund of pre deposit
  • Excess payment due to mistake
  • Refunds to international tourists of GST paid on goods in India and carried abroad at the time of their departure from India.

According to the GST law, refund application is required to be filed within 2 years from the relevant date.

PROCESS

All refund applications need to filed online in a standardized form RFD-01.

REFUND IN GST

Steps:

  • Login to GST portal.
  • Select the Refund tab-> Application for Refund Option.
  • Select the type of refund and Fill the necessary details and submit. ARN number gets generated.
  • Later take a print out along with the ARN number mentioned thereon.
  • Submit this along with the applicable annexures to the respective Jurisdictional GST officer.

Within 15 days of receipt of RFD-01, GST officer will check the application for its completeness. After application is successfully submitted acknowledgment in RFD-02 will be issued indicating ARN on common portal.

RFD-02 shall be submitted manually to Jurisdictional GST officer. GST officer has 60 days from the date of receipt of RFD-02 to pass the order to sanction the refund claim.

Refund claim will be credited directly to bank account of the applicant.


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