Rfd-01a ack generated for nil amount

Rate / HSN codes 434 views 3 replies

ANIL

Others

202 Points Joined October 2014

Today i tried to file RFD-01A for refund of ITC on export of goods without payment of tax for the period Aug-Sept 2017. Instead of asking for statement-3, the system asked verification details i.e. Name of Person and OTP etc and after verification, the application is filed and generated ARN # showing "This is an application receipt for Nil Filing Refund application RFD-01A filed by you at the common portal"

I had selected correct application and period for claim of ITC but i don't know as to why application is generated for Nil amount.

Can anyone explain this please ?

Replies (3)

Sarath Chandra

CA Final Student

566 Points Joined August 2015

It may be due to the reason that the person from whom you received the supplies might not file his GSTR1. If he doesn't file GSTR1, then ITC will not be credited to you. Please ensure that your supplier has filed GSTR1.

ANIL

Others

202 Points Joined October 2014

Dear Sarath,

I don't think it is in anyway related to GSTR returns filed or not filed by our suppliers (we have 100+ suppliers!). ITC is refunded based on ITC available in the credit ledger and we have adequate credit balance in our ITC ledger.