Refund claims succeed when the computation, documents and timelines are right. The firm prepares claims, supporting statements and replies to deficiency memos.
Scope of service
- Export of goods or services under LUT
- Inverted duty structure refunds
- Excess balance in electronic cash ledger
- Refunds on deemed exports and SEZ supplies
- Replies to deficiency memos and show cause notices
Regulatory framework
- CGST Act, 2017 — sections 54 and 56
- CGST Rules, 2017 — Rules 89 to 97
- Circulars issued by CBIC on refund procedures
Typical professional activities
- Eligibility and formula computation
- Form GST RFD-01 filing
- Follow-up until sanction
Applicable industries
Relevant articles and resources
- Interest on delayed GST payment under section 50
- Input tax credit and GSTR-2B: conditions and reconciliation
- Knowledge Centre: GST
Frequently asked questions
What is the time limit for a GST refund claim?
Under section 54 of the CGST Act, 2017, a refund application must generally be filed within two years from the relevant date, which depends on the type of refund.
What is an inverted duty structure refund?
Where the GST rate on inputs is higher than on outputs, unutilised input tax credit can be refunded under section 54(3), computed using the formula in rule 89(5) of the CGST Rules. Credit on input services and capital goods is excluded.
Can a refund on exports be claimed without paying IGST?
Yes. Exports under a Letter of Undertaking are zero-rated without payment of tax, and the accumulated input tax credit can be claimed as a refund under rule 89.
The information on this page describes the nature of the service. It is not advice on any specific matter. See the disclaimer.