Interest on refunds under GST - Explained

By Paras Mehra June 16, 2017

The interest on refunds paid by the government supports the fair play on part of the government. This is because government charges interest on late payment of tax, and hence to be neutral it has to pay interest on refunds as well.

How refund of ITC amount is calculated in case export is made without payment of tax

By Paras Mehra June 16, 2017

Under GST regime, the exporter of goods or services can claim the refund in two possible ways; 1. Refund of Input tax credit without payment of tax and 2. Refund after payment of tax on exports

Documents required to be attached with refund application under GST – All about documentary evidence under GST

By Paras Mehra June 15, 2017

To claim a refund under GST, an application needs to file online through the common portal in the form GST RFD – 1. Further, the form is attached with the additional required documents to establish that the refund is actually due to the applicant.

What is the meaning of relevant date for refund under GST?

By Paras Mehra June 15, 2017

The meaning of relevant date is very important in regard to refund provisions under GST. This is because the section 54 of CGST states that any person claiming refund may make an application before the expiry of two years from the relevant date.

How to claim refund under GST online! – GST Refund Procedure for CGST/SGST or IGST explained

By Paras Mehra June 15, 2017

Any person claiming refund of any tax and interest may make an application in FORM GST RFD – 1 to the proper officer of IGST/CGST/SGST before the expiry of two years from the relevant date [explained ahead in point 14.6] through the common portal.