CBIC Extends Deadline for Filing Form GST RFD-11



Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for filing Form GST RFD-11, which relates to receiving export payments. This change, detailed in Notification No. 12/2024, amends Rule 96A of the CGST Rules to provide exporters with more flexibility. Previously, payment for exported services had to be received within 15 days after one year from the invoice date, with extensions only granted by the Commissioner. The new rule now aligns with the Foreign Exchange Management Act (FEMA) timelines, allowing for the period permitted by the Reserve Bank of India, whichever is later.

In a recent update, the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 12/2024 – Central Tax dated July 10, 2024, which brings significant changes to the timelines for receiving export payments under the CGST Rules. This modification, exercised under the powers conferred by Section 164 of the CGST Act, aims to streamline export operations and provide greater flexibility to exporters.

GST RFD-11 Filing Deadline Extended by CBIC

Key Changes in Rule 96A(1)(b) of the CGST Rules

Before Amendment

The previous clause (b) in sub-rule (1) of Rule 96A mandated that if the payment for exported services was not received in convertible foreign exchange or in Indian rupees, wherever permitted by the Reserve Bank of India, within fifteen days after the expiry of one year from the date of invoice issuance, exporters were required to adhere to strict compliance protocols. This period could be extended only by the Commissioner.

After Amendment

The amended clause (b) now reads:

"fifteen days after the expiry of one year, or the period as allowed under the Foreign Exchange Management Act, 1999 (42 of 1999) including any extension of such period as permitted by the Reserve Bank of India, whichever is later, from the date of issue of the invoice for export, or such further period as may be allowed by the Commissioner, if the payment of such services is not received by the exporter in convertible foreign exchange or in Indian rupees, wherever permitted by the Reserve Bank of India."

Official copy of the notification has been attached

FAQ :

The CBIC has extended the deadline for receiving export payments under the CGST Rules, specifically impacting the filing of Form GST RFD-11.

Rule 96A(1)(b) of the CGST Rules has been amended.

Previously, payment for exported services had to be received within fifteen days after the expiry of one year from the invoice issuance date, unless extended by the Commissioner.

The new deadline is fifteen days after the expiry of one year, or the period allowed under the Foreign Exchange Management Act (FEMA), including any RBI extensions, whichever is later.

The amendment aims to streamline export operations and provide greater flexibility to exporters regarding payment timelines.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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