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GST Refund

  • We prioritize transparency in communication, keeping you informed at every step.
  • expertise ensures that refund claims are processed in the shortest possible time.
  • From compliance to refund claims, we provide comprehensive GST support tailored to your needs.

FREE CONSULTATION

We specialize in streamlining and expediting the process of claiming GST refunds. As a business owner, ensuring maximum cash flow and financial efficiency is crucial. Our expert team simplifies the complex GST refund process, ensuring that you receive your eligible refunds quickly and hassle-free.

 

With years of industry experience, our dedicated professionals are well-versed in GST regulations and refund procedures. We stay updated with the latest developments, ensuring that you remain compliant while maximizing your refunds.

 

Why Choose Us for Your GST Refund?

  • Client-Centric Approach – We prioritize transparency in communication, keeping you informed at every step.
  • Quick Turnaround Time – Our expertise ensures that refund claims are processed in the shortest possible time.
  • One-Stop GST Solution – From compliance to refund claims, we provide comprehensive GST support tailored to your needs.

Frequently Asked Question

1. What are the different types of GST Refunds?

Type of Refund Applicable Scenario
Export Refund IGST refund for exports (with or without LUT).
Inverted Duty Structure When input tax rate is higher than output tax rate.
Excess Tax Paid Mistaken GST payment higher than required.
Deemed Exports Refunds for supplies treated as exports.
Refund to SEZ Refund for SEZ supplies (zero-rated).
Input Tax Credit Refund Accumulated ITC due to non-utilization.

2. What happens if the GST Refund is delayed?

  • Interest of 6% per annum is paid if the refund is not processed within 60 days.

3. Can GST Refund be rejected?

  • Yes, if incorrect documents are submitted or the claim is ineligible.

4. What is the process if the GST Refund is rejected?

  • Taxpayer receives GST RFD-08 (Show Cause Notice for Rejection).
  • They must respond within 15 days with justifications.
  • If rejected, taxpayers can appeal to the GST Appellate Authority.

5. How are GST refunds processed?

  • Refunds are credited to the taxpayer’s registered bank account after verification.

6. Can GST Refund be adjusted against dues?

  • Yes, if a taxpayer has pending tax liabilities, the refund can be adjusted.

7. Can ITC Refund be claimed if ITC is not utilized?

  • No, refund of unutilized ITC is only allowed for zero-rated supplies or inverted duty structure.

8. Is GST Refund taxable?

  • No, refunds are not taxable, but must be recorded in financial books.

9. Can a taxpayer withdraw a GST Refund application?

  • Yes, refund applications can be withdrawn before approval by submitting a written request