Filing For Refund


GST is known as the Goods and Services Tax, GST is levied on the sale of goods and services. Unlike previous indirect taxes, this tax is collected at the point of consumption and not at the point of origin. To summarize, GST is a comprehensive, multi-stage, destination-based tax that is levied on every value addition.

The law governing GST was passed in the parliament on the 29th of March 2017 and it was implemented across the country on the 1st of July 2017. 

Who is eligible for GST Refund?

    ♦ Export of goods/services or both or supply of goods/services or both to an SEZ developer/unit on payment of IGST and refund of such IGST paid is claimed as refund.

    ♦ Refund of unutilized ITC on Zero rated Supplies (Exports & Supplies to SEZ developer/unit) without payment of tax.

    ♦ Accumulated ITC on account of inverted duty structure i.e., rate of tax paid on inputs is more than rate on tax on output supplies.

    ♦ Taxes paid on the supplies regarded as deemed exports.

    ♦ Refund of any balance in the electronic cash ledger after payment of tax, interest, penalty, fee or any other amount payable.

Time Limit for Claiming Refund:

    ♦ Any person claiming refund of any tax, interest or any other amount paid can make an application before the expiry of 2 years from the 'Relevant Date'.

    ♦ A registered person may claim refund of any unutilised ITC in case of zero-rated supplies (Without Payment of Tax) or accumulated ITC on account of inverted duty structure at the end of any tax period.