Tag Archives: GST Refund

Verification of IGST payments for goods exported for GST Refund :. Circular No. 16/2019-Customs 

By | June 18, 2019

IGST refunds-Procedure for verification of IGST payments for goods exported out of India due to fraudulent ITC claims by some exporters. Circular No. 16/2019-Customs  Circular No. 16/2019-Customs F. No. 450/119/2017-Cus-IV(Pt.I) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes& Customs) **** Room No. 227B, North Block Dated June 17, 2019… Read More »

Automated GST refund for exporters From June 2019

By | May 14, 2019

Exporters of goods and services as well as suppliers to SEZ units are likely to get GST refunds automatically from June as the revenue department plans to introduce faceless scrutiny of refunds and faster claim settlement, an official said. Under GST, every person making a claim of refund on account of ‘zero-rated’ supplies has two options. Either… Read More »

GST Refund on export of Exempted Goods or services

By | March 25, 2019

GST Refund on export of Exempted Goods or services ? छूट वाले सामान के निर्यात पर जीएसटी रिफंड [Also Refer GST Refund : Free Study Material ] As per Para No 6 of Circular No 45/19/2018 GST Dated 30.05.2018 6. Whether bond or Letter of Undertaking (LUT) is required in the case of zero rated supply of exempted or non-GST goods and whether refund can be… Read More »

Recredit of Rejected GST Refund Claim to Electronic Credit Ledger

By | February 11, 2019

Recredit of Rejected GST Refund Claim to Credit Ledger रिजेक्टेड रिफंड क्लेम का री-क्रेडिट Circular No 59/33/2018 GST Dated 4th Sep 2018 4. Re-credit of electronic credit ledger in case of rejection of refund claim: 4.1 In case of rejection of claim for refund of unutilized input tax credit on account of ineligibility of the said… Read More »

How to calculate refund for inverted duty structure in case of multiple inputs

By | January 5, 2019

Refer Circular No 79/50/2018 GST Dated 31st December 2018 : Clarification on refund related issues Product  GST Rate Value GST Total GST Output Y 12% 3000                                     360.00      360.00               Total GST on Output (b)        360.00           Product  GST Rate Value GST Total… Read More »

GST Refund of Assessment/Provisional assessment/ Appeal/ Any Other Order

By | November 7, 2018

Refund on Account of Assessment/Provisional assessment/ Appeal/ Any Other Order FAQs 1. Who can file the Refund Application on account of assessment/provisional assessment/ appeal/ any other order? Any person, including regular taxpayer, casual taxpayer, non-resident taxpayer or unregistered person, in whose favour an Assessment Order/Provisional Assessment Order/Appeal Order or any other Order entailing refund has… Read More »