What is Goods and Service Tax (GST)
GST, frequently asked Questions
When does GST tax to be refunded?
SITUATIONS WHERE REFUNDS WOULD ARISE UNDER GST
2.0 In the taxation administration, refund refers to any amount that is due to the tax payer from the tax administration. In the present taxation system it is considered as a strained area, both for the taxpayer and the tax administration. So in order to establish an effective and efficient tax administration system it is essential that issues on which refund arises ought to be kept at minimum and be clearly defined in the law. Since GST is going to subsume many of the existing taxation laws such as Central Excise, Service Tax, VAT, CST, etc., the situations under which refund arise under these laws are as follows:
(A) Excess payment of tax due to mistake or inadvertence.
(B) Export (including deemed export) of goods / services under claim of rebate or Refund of accumulated input credit of duty / tax when goods / services are exported.
(C) Finalization of provisional assessment.
(D) Refund of Pre – deposit for filing appeal including refund arising in pursuance of an appellate authority’s order (when the appeal is decided in favor of the appellant).
(E) Payment of duty / tax during investigation but no/ less liability arises at the time of finalization of investigation / adjudication.
(F) Refund of tax payment on purchases made by Embassies or UN bodies.
(G) Credit accumulation due to output being tax exempt or nil-rated.
(H) Credit accumulation due to inverted duty structure i.e. due to tax rate differential between output and inputs.
(I) Year-end or volume based incentives provided by the supplier through credit notes.
(J) Tax Refund for International Tourists
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
How to get GST refund amount sanctioned
Are there any minimum amount fixed under GST refund?
How long will take to get refund of GST
How many copies to be submitted for refund of GST
Proof of receipt of GST refund application
Documents required to claim refund of GST tax
Time period to file for GST refund
GST refund forms
GST refunds to International Tourists
Refund of GST on year end or volume based incentives
Refund of GST on carry forward input tax credit
Refund of GST on tax credit on inputs
Refund of GST to CSD canteens, para military forces canteen etc
Refund of GST tax on deposit under investigation
Refund of amount deposited for GST appeal
Finalization of provisional assessment under Goods and Service Tax refunds
Refund of GST tax on excess payment due to mistake or inadvertentce
When does GST tax to be refunded?
GST refund for deemed exporters
Documents required for GST refund for service exporters
Verification of documents for refund of GST to exporters
Refund of GST to Exporter, Documents required to be enclosed
Process of GST refund to Exporter
How to get refund of GST tax paid by an Exporter?
What is GST Tax rate for Exports
GST and Exports, how is taxes reimbursed on Exports?
Adjustment of GST refund amount
Does GST refund amount attract interest?
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