Adjustment of GST refund amount

 

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Adjustment of GST refund amount

Adjustment of GST refund amountIn some cases, the taxpayer may have outstanding demand under GST Act. The GST Law may provide for adjusting the refund claim against any amount of un-stayed confirmed demand lying beyond the appeal period. The refund order may clearly state the amount so adjusted and particulars of the adjusted demand may also be stated in the annexure to be attached with the order. Format of Application for refund and Refund order can be designed accordingly. Suggested format is enclosed as Annexure-IV to VI to this document.


RECOVERY OF ERRONEUS REFUND:

It is recommended that the GST law may provide for the provisions for recovery of erroneously granted refunds along with interest.

 

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Adjustment of GST refund amount

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Comments


Kohli: I am a manufacturer of alcohol based PERFUMES and export the same . Pl clarify if CESS is also applicable on this product in addition to 18% IGST which is to be claimed .

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