Post Type Archives: FAQs

2021-11-16 | admin Categories:

Is there any exception of barred goods in case of refund of ITC in case of export without payment of duty like it is in the case of inverted duty structure?

No, It has been clarified vide Circular No. 18/18/2017-GST dated 16.11.2017 that the restriction on refund of unutilized input tax credit in inverted tax structure is not applicable in zero-rated supplies because the relevant Notification No. 05/2017-Central Tax (Rate) dated 28.06.2017 restricting refund of unutilized input tax credit has been issued under clause (ii) of […]

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2021-11-16 | admin Categories:

I have filed my GST returns but still my refund is not sanctioned?

The IGST refund would not be processed if it fails any validation at the level of either GSTN or Customs system. Validation errors occur due to various deficiencies.

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2021-11-16 | admin Categories:

What are the reasons for data not being transmitted from GSTN to customs system?

It has been observed that a number of records have not been transmitted by GSTN to the Customs system which could be on account of various errors that have occurred in the validation carried out by the GSTN. It is understood that cases, where such validations fail, are on account of: 1. Both GSTR 1/Table […]

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2021-11-16 | admin Categories:

How can I find whether my refund data has been successfully transmitted by GSTN to customs or not?

GSTN is reportedly working on a feedback/message system so as to inform the exporters about such failed validations. At present, the Customs system does not have any information about the reasons for which validation at GSTN has failed. However, for all those records which have been successfully transmitted to the Customs system, the report can […]

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2021-11-16 | admin Categories:

I have filed correct information in GST return but still my refund is not sanctioned.

In cases where the exporter has filed correct information in the GST returns and it gets successfully validated by the GSTN, it is thereafter transmitted electronically to the Customs system wherein the GST return data is matched with the shipping bill data. If the matching is successful, ICES processes the claim for refund and the […]

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2021-11-16 | admin Categories:

What is the time limit to apply for the refund?

From 01.02.2019 the time limit in the case of a refund of unutilised input tax credit under clause (II) of the first provision to section 54(3) is two years from the due date for furnishing return under section 39 for the period in which such claim for refund arises.

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2021-11-16 | admin Categories:

Are we required to deposit the papers physically before the jurisdictional authority?

No. If all the credit claimed are present in GSTR 2A and details of outward supply match with GSTR 1, then there is no need to submit the papers physically. Though the refund amount would be based upon the formula. All the ITC accumulated can be refunded back by what are the documents that I […]

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2021-11-16 | admin Categories:

Is any category of goods barred from inverted duty structure refund despite qualifying as per section 54 of the Act?

Yes, by dint of notification no. 5/2017 – central tax dated 28.06.2017 has barred the following category of goods from inverted duty structure: S.NO. Tariff item/heading/sub heading/chapter Description of Goods 1. 5007 Woven fabrics of silk or of silk waste 2. 5111 to 5113 Woven fabrics of wool or of animal hair 3. 5208 to 5212 Woven fabrics […]

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2021-11-16 | admin Categories:

Can every client get the accumulated ITC back in the form of refund under GST?

As per explanation 3 of section 54 of the CGST Act, A registered person may claim a refund of unutilised Input Tax Credit (ITC). The ITC on account of inverted tax structure can be claimed at the end of any tax period where the credit has accumulated on account of the rate of tax on […]

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Post Type Archives: FAQs

Is there any exception of barred goods in case of refund of ITC in case of export without payment of duty like it is in the case of inverted duty structure?

I have filed my GST returns but still my refund is not sanctioned?

What are the reasons for data not being transmitted from GSTN to customs system?

How can I find whether my refund data has been successfully transmitted by GSTN to customs or not?

I have filed correct information in GST return but still my refund is not sanctioned.

What is the time limit to apply for the refund?

Are we required to deposit the papers physically before the jurisdictional authority?

Is any category of goods barred from inverted duty structure refund despite qualifying as per section 54 of the Act?

Can every client get the accumulated ITC back in the form of refund under GST?

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