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GST REFUND - INVERTED DUTY STRUCTURE

P MURUGAN (ACCOUNTANT) (179 Points)

30 August 2022

ShalI an assessee eligible to claim refund on inverted duty structue from the FY of 2017-18 TO up to 2021-22 in one refund application ? please advise. If not, how to fill period when applying for refund?

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5 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14167 Points)
Replied 30 August 2022

As per section 54 of the CGST act, you have to apply for refund before expiry of two years from relevant date.

P MURUGAN (ACCOUNTANT) (179 Points)
Replied 30 August 2022

Ok thanks. but how to fill period when applying redund in GST portal?

Kanani Shailesh (31 Points)
Replied 31 August 2022

Dear sir, If u r a monthly taxpayer, you can file combine refund application and if u r a quarterly taxpayer, you can merge quarter only.

P MURUGAN (ACCOUNTANT) (179 Points)
Replied 31 August 2022

Sir, please refer Notification no 13/2022 central tax iin which exclusion of time period 0f March 2020 to Feg 2022 as covid pandamic period for calculation of limitian period for filing application of refund, so on the basis of this notification shall I apply for reffund from FY 17-18? please advise.