How to File GST Refund for Multiple Tax Period ? GSTN Advisory : GST News 459
When GST Refund can be claimed for multiple tax period ?
Refund application filing for multiple tax period is available for below grounds of refund:
- Export of Goods & Services-Without payment of Tax
- Supplies made to SEZ Unit/SEZ Developer-Without payment of Tax
As the functionality for multiple tax period has been made available on GST portal, therefore to avoid duplication, the refund applications,that were SAVED in the GST system will be purged and removed from the system
How to claim GST Refund ?
Thus Tax payer would have to provide the tax period details for which refund has to be claimed.
Refund application can be filed using refund application Form GST-RFD-01A & selecting a particular tax period
What are the restriction of GST Refund for multiple tax period ?
The multiple tax period application has following restrictions:
- Multiple tax period selection should be within financial year
- Application has to be filed chronologically for tax periods and in case refund application is not to be filed for any tax period,a declaration of `No Refund Application is to be provided`
Foreg:April 2018 to June 2018 refund application cannot be filed till application or No refund application declaration is filed for any tax period prior to April 2018
Can I file for multiple tax period in one refund application?
Yes, you can file for refund of multiple tax period in one refund application.
Can I file nil refund for multiple tax period in one refund application?
Yes, you can file for nil refund for multiple tax period in one refund application.
Can nil period of refund be combined with the period in which there is refund in one application?
Yes, nil period of refund be combined with the period in which there is refund in one application.
Let us suppose you want to file tax refund from Apr-Sep month, where you want to file nil refund for May-Jun month. There are two ways in which you can file your refund application.
- You can select Tax Period as Apr-Apr and file normal refund application. You can then select May-Jun and file Nil refund application. And, select Jul-Sep and file normal refund application.
- You can select Tax Period as Apr-Sep and file normal refund application.
What to do to claim GST Refund
For claiming refund,taxpayer would have to upload invoice details mandatorily in the statement template of GSTR RFD 01A available in the refund application itself
All the invoice details are to be provided in a single statement.Taxpayer is not required to upload multiple statements for different periods separately.
After filing refund application,taxpayer would not be able to claim refund for that invoice again in some other refund application as the system will lock the invoice for which refund is claimed in one application.Also,taxpayer would not be able to amend invoice details after claiming refund
What are the documents to claim GST Refund
Taxpayer can also attach any other supporting document,if required to be attached with refund application.
4 documents can be uploaded with a single refund application in pdf format.Max size allowed for a document is 5MB
How GST Refund will be processed ?
The statement uploaded by taxpayers will be validated by system from the invoice data declared/provided by the taxpayer at the time of filing return for that period for which refund is claimed
Only after validating data from system,the taxpayer would be able to file refund application.
After filing of refund application by taxpayer,refund application Form GST-RFD-01A along with the statement and documents uploaded shall be available to tax officer for review and processing of refund
How to track GST Refund
Taxpayer can track the status of refund application on the GST portal https://www.gst.gov.in using “Track Application Status” functionality under Services : Refund