GST Refund Process (India) -Flow Chart

By | October 6, 2016
(Last Updated On: October 6, 2016)

Contents

GST Refund Process -Flow Chart

GST Refund Process-1 GST Refund Process-2

 

Key Points about GST Refund :-

  • The refund claimed in Part B of GSTR-3 shall be deemed to be an application filed for refund.
  • The provisional refund, i.e., 80% of refund claimed shall be granted on satisfaction of following conditions:-
    • ➢ Person claiming refund has not been prosecuted for any offence under GST during any 5 preceding years. If he has been prosecuted under an earlier law, the amount of tax evaded should not exceed Rs.2,50,000.
    • ➢ GST compliance rating of the applicant is not less than 5 on a scale of 10.
    • ➢ No proceeding for any appeal, review or revision is pending on issues which form the basis of the refund andif pending, the same has not been stayed by the appropriate authority or court.
  • Refund shall be granted after adjusting any outstanding demand payable by the applicant.
  • If Proper Officer is satisfied that refund is not payable then he shall issue a notice requiring applicant to furnish a reply within 15 days.
  • Any amount rejected as refund shall be re-credited to the electronic credit ledger.
  • Person claiming refund of tax paid on inward supplies shall apply for refund in FORM GST RFD-10 once in every quarter.

Download Following GST Refund Formats:-

GST RFD 01, GST RFD 02, GST RFD 03, GST RFD 04, GST RFD 05, GST RFD 06, GST RFD 07, GST RFD 08, GST RFD 09, GST RFD 10

Sl. No

Form Number

Content

1.

GST RFD 01

Refund Application form

-Annexure 1 Details of Goods

–Annexure 2 Certificate by CA

2.

GST RFD 02

Acknowledgement

3.

GST RFD 03

Notice of Deficiency on Application for Refund

4.

GST RFD 04

Provisional Refund Sanction Order

5.

GST RFD 05

Refund Sanction/Rejection Order

6.

GST RFD 06

Order for Complete adjustment of claimed Refund

7.

GST RFD 07

Show cause notice for reject of refund application

8.

GST RFD 08

Payment Advice

9.

GST RFD 09

Order for Interest on delayed refunds

10.

GST RFD 10

Refund application form for Embassy/International Organizations

Download Draft GST Refund Rules released by Govt

Download Draft GST Refund Forms released by CBEC

Free Education Guide on Goods & Service Tax (GST)


SR No

Topic -GST

Resources

1

Model GST Law

Model GST Law

2

GST Overview

Goods and Services Tax (GST): An Overview

Integrated Goods & Service Tax (IGST) Act Overview

Meaning and Scope of Supply

Time of Supply

Place of Supply of Goods and Service under GST

Valuation in GST

Levy of GST & Exemption from Tax

Job Work under Goods & Service Tax (GST)

Electronic Commerce under Goods & Service Tax (GST)

3

Transition to GST

Transitional Provisions in Goods & Service Tax (GST)

4

Registration

GST Registration FAQ’s

GST Registration Process -Video

GST -Draft Registration Rules

GST -Draft Registration Formats

5

Invoice

GST Draft Invoice Rules released by CBEC

GST Draft Invoice formats Released by CBEC

6

Input Tax Credit

Input Tax Credit under Goods & Service Tax (GST)

Concept of Input Service Distributor in Goods & Service Tax (GST)

7

Payment

GST Payment of Tax

GST Draft Payment Rules Released by CBEC

GST Draft Payment formats Released by CBEC

8

Refunds

Refund under GST

Draft GST Refund Forms released by CBEC

Draft GST Refund Rules released by Govt

9

Returns

Returns Process and matching of Input Tax Credit under GST

Draft GST Return Rules Released by Govt

Draft GST Return Formats released by Govt

10

Assessment and Audit

Assessment and Audit under GST

11

Inspection, Search, Seizure and Arrest

Inspection, Search, Seizure and Arrest under GST

12

Offences, Penalty, Prosecution & Compounding

Offences, Penalty, Prosecution & Compounding in GST

13

Demands and Recovery

Demands and Recovery under GST

14

Appeals and Review

Appeals, Review and Revision in GST

15

Advance Ruling

Advance Ruling in Goods and Service Tax (GST)

16

Settlement Commission

Settlement Commission in Goods and Service Tax (GST)

17

GST Portal

Frontend Business Process on GST Portal

Direct Taxes Ready ReckonerService Tax Ready ReckonerCompany Law Ready Reckonertax deduction at source
New Books Released on Tax , GST and law

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