ITC Refund process

Dinu sahoo (1 Points)

26 August 2020

how to claim for refund of input tax credit on input purchase "in case of export of goods"

Reply
Follow
Share

2 Replies

CA Shubhi Khandelwal (Chartered Accountant) (1568 Points)
Replied 26 August 2020

In case of Export of Goods on payment of tax: No need to file the refund application for refund of IGST paid on export of goods. The shipping details as mentioned in GSTR-1 and on ICEGATE shall be matched and refund shall be credited in the bank accounts.

In case of Export of Goods without payment of Tax: File Form RFD-01 online on the GST portal stating the amount of ITC claimed and the aggregate turnover for the respective period.

1 Like