Goods and Services Tax Network (GSTN) has issued significant changes in refund filing process, following are the categories in which said changes have been carried on:

1. Categories of refund:
2. 1. Export of Services with payment of tax.
   2. Supplies made to SEZ Unit/SEZ Developer with payment of tax.
   3. On account of Refund by Supplier of Deemed export.
3. The taxpayers can directly proceed with selecting the refund category as above and clicking on “Create Refund Application.”
4. The above refund categories are changed from Tax Period based filing to Invoice based filing.
5. The taxpayers can claim the refund in the following statements by uploading eligible invoices:
   1. Export of Services with payment of Tax (Statement 2).
   2. SEZ Supplies with payment of Tax (Statement 4).
   3. In case of Deemed Exports, the application by Supplier (Statement 5B).
6. Once the invoices are uploaded with refund application it will be locked for any further amendment and will not be available for any subsequent refund claims. The said invoices will be unlocked only if the refund application is withdrawn or a deficiency memo is issued.

Additionally, GSTN has made following changes in the refund filing process under the category “ On account of Refund by Recipient of deemed export”:

1. Refund application under this category is not required to select “From period and To period” while filing application.
2. Table “Amount Eligible for Refund” has been modified under the above category includes the revised columns as specified in the GSTN update (https://www.gst.gov.in/newsandupdates/read/601).
3. The total amount of claim under various Heads (IGST, CGST,SGST) will be compared with total amount of ITC available under various Heads in electronic credit ledger.
4. The taxpayers must ensure that all the returns (GSTR-1, GSTR-3B etc) due till the date of refund application, are filed.

Source: GSTN

Share this: