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To claim a GST refund in India, the taxpayer must file an application in the prescribed format on the GST portal within the stipulated time period. The application must be supported by relevant documents, such as invoices, shipping bills, and bank statements.
The GST authorities will process the refund claim and may undertake a scrutiny to verify the eligibility of the taxpayer for the refund. Upon verification, the refund amount will be credited to the taxpayer’s bank account electronically.
There are several scenarios in which a taxpayer can claim a GST refund in India, such as :
Essentials of GST Refund :
Assistance in the calculation, review, and submission of the claim to the concerned jurisdiction.
Calculation, review, and submission assistance
Assistance in obtaining clarification from the department wherever possible for the clients.
Clarification obtaining assistance
Helping in making responses to departmental queries or audits that may be conducted.
Query response assistance
Assistance in succeeding follow-up with the GST department that may be needed in order to get the refund.
Follow-up assistance
Assistance in filing appeals in case the refund is denied or no action is taken up by the concerned authority.
Appeals filing assistance
Follow these key steps to claim your refund efficiently:
Are you eligible for a refund? Confirm based on Input Tax Credit (ITC), zero-rated supplies, inverted duty structure, or exports.
Make sure all GST filings are up to date, and your records are clean and accurate to avoid delays.
Use Form GST RFD-01 or the appropriate form that matches your refund type.
Compile all required documents like invoices, export data, bank statements, and shipping bills.
Enter correct details such as GSTIN, refund amount, tax period, and attach your supporting documents.
Electronically file the application with all attachments in the correct format via the GST portal.
Receive an Application Reference Number (ARN). Tax officials may request clarifications or more documents.
Once verified, the claim will be processed and approved. If successful, funds will be credited to your bank.
If issues are found, you’ll be notified on the portal. Correct and resubmit if needed. Reasons will be provided for rejections.
Approved refunds will be directly deposited into your designated bank account within the timeline.
Keep all documentation related to your refund for audits or future reference.
Get Answers to your most asked questions.
GST refund application should be filed in GST RFD-01. It is an entirely online process where all relevant documents must be uploaded. After filing, an acknowledgment is generated in Form GST RFD-02. The application is scrutinized by the department, and upon approval, a sanction order is issued in Form GST RFD-06, followed by a payment order in Form GST RFD-05 leading to the payment of refund.
If there are no queries, GST refund applications are processed and sanctioned within 60 days from the filing date. The refund time limit ranges from 30 to 60 days.
Provisional refunds under GST are released temporarily (up to 90%) before the scrutiny of documents for zero-rated supplies like exports or supplies to SEZ Developers or Units. These refunds are issued in Form RFD-04 within 7 days after acknowledgment in Form RFD-02.
A GST refund application must be filed within 2 years from the relevant date as specified in Explanation to Section 54 of the CGST Act.
Yes, GST refunds cannot be claimed if the amount is less than Rs. 1000.
GST refund is the process through which a taxpayer can claim a refund of the GST paid by them on the supply of goods and services.
The different scenarios in which a taxpayer can claim a GST refund are exports, inverted duty structure, deemed exports, and refund of excess payment.
The documents required for filing a GST refund claim include invoices, shipping bills, bank statements, and any other supporting documents required for claiming the GST refund.
If a GST refund claim is rejected, the taxpayer can file an appeal against the decision of the GST authorities within the stipulated time period.
Yes, there is a penalty for late filing of GST refund claims. The penalty is 1% of the refund amount or Rs. 10,000, whichever is higher.