Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

Refund process

Sridevi (Accountant) (380 Points)

25 October 2017

Hi All,

I understand that the refund process has started in GST for July 2017 from 10th October 2017. But, we have not received the refund from the department. Are we supposed to file application form or is it done electronically by the department. So, when will be the last date to clear all the refunds by the department for July month.

Regards

Sridevi

Reply
Follow
Share

6 Replies

J. K. Ratan (Compliance Advisor) (794 Points)
Replied 25 October 2017

Dear Sri

You have to file refund application in form GST RFD -01 (In case of IGST or CGST) or GST RFD -04 (in case SGST).

you can file your refund claim within 2 years from date of return filed with refund status.

Sridevi (Accountant) (380 Points)
Replied 25 October 2017

Dear Jay Kumar,

Can we file application within this week, or the refund process hasn`t started yet?

No clarity in the refund because the Department people are telling that the refund will be done electronically. Will they start refund after submission of application or will they process without application.

Regards

J. K. Ratan (Compliance Advisor) (794 Points)
Replied 25 October 2017

Dear Sri

As per section 55 of CGST you have to file Refund Application electronically to get refund with common portal or facilitation center.

And recently Notification dated 06th oct 2017 the Govt. has started Refund to Exporters only.

And as per sub section 6 of section 49 of CGST you can't file refund application before filing of GSTR-03.

File GST RFD - 01 on when your refund relates export transactions.

Have a Great Evening 😊

Sridevi (Accountant) (380 Points)
Replied 26 October 2017

Hi Jay Kumar,

According to your reply, refund application to be filed only after GSTR 03 and the refund has been started to exporters. But, as per GST, no one has filed GSTR 03 - so how can they start the refund process.

And my another doubt with GSTR2 is that one of our supplier has uploaded our purchase Invoice details but has not made the tax payment. So, if we submit our GSTR2 without tax been paid by that supplier, will we lose that tax amount in the refund or else will the department refund that amount once he pays the tax may be after his payment.

Regards

Sridevi

J. K. Ratan (Compliance Advisor) (794 Points)
Replied 26 October 2017

Dear Ma'am

As I Mentioned above the " Section 49 of CGST Act states, An Exporter Can file a Refund Application after Receiving of Export Report/Menifest. The Assessee is need not to wait for file GSTR-03.

As per Sub Section 6 of Section 49 an assessee other than Exporter can file refund application only after file GSTR-03.

Hope it will be helpful for your doubt.

Sridevi (Accountant) (380 Points)
Replied 26 October 2017

Hi JayKumar,

Thanks for the reply, actually we are exporters. I hope we can file refund application.

Can you just clarify my second doubt as the tax amount is very huge of that supplier.

(And my another doubt with GSTR2 is that one of our supplier has uploaded our purchase Invoice details but has not made the tax payment. So, if we submit our GSTR2 without tax been paid by that supplier, will we lose that tax amount in the refund or else will the department refund that amount once he pays the tax may be after his payment).

Regards

Sridevi