111 ViewsLIST OF DOCUMENTS REQUIREMENTS OF GST EXPORT REFUND RFD-01A ARN RECIEPT GSTR – 3B GSTR – 1 WITH TABLE (6) GSTR—2A ELECTRONIC CREDIT/CASH LEDGER ACCOUNT IMPORT EXPORT CERTIFICATE LETTER OF UNDER TAKING GST CHALLAN (IF ANY REGARDING REFUNDS) PURACHASE REGISTERS PURCHASE INVOICES WITH GR’S SALE REGISTER COPY OF FOREIGN PURCHASE ORDER EXPORT INVOICES WITH […]
Standard Operating Procedure GST Refund
309 ViewsCircular No.131/1/2020-GST CBEC-20/16/07/2020-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing New Delhi, Dated the 23rd January, 2020 ToThe Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners (All)Madam/Sir, Subject: Standard Operating Procedure (SOP) to be followed by exporters– regarding As you are aware, several cases of monetisation of credit fraudulently […]
Annexure-2 for GST Refund
1,038 ViewsAnnexure-2 [See Rule 89(2)(m) ] Certificate This is to certify that in respect of the refund amounting to Rs. 3,37,917 (Three Lakh Thirty Seven Thousand Nine Hundred Seventeen) claimed by Firm Name , GSTIN– for the tax period April 2018 to July 2018 the incidence of tax and interest, has not been passed on […]
Partial modification to the Group of Ministers (GoM) to examine the issue of IGST Settlement
180 Views
Goods & Services Tax refund
238 ViewsMinistry of Finance A number of companies applied for a Goods & Services Tax (GST) refund since the introduction of the tax regime. As on 02.12.2019, a total of 1,86,158 entities have filed 36,42,272 refund applications, out of which 34,46,010 refund applications have been finalised. This was stated by Shri Anurag Singh Thakur, Union […]
Tips for Uploading GST Refund supporting Documents
334 Views Tips for Scanning Documents and Reducing File Size for uploading supporting documents with the refund application Taxpayers are expected to upload the supporting documents while filing their refund application (Form GST RFD-01). The GST Common Portal allows taxpayers to upload 4 documents up to 5 MB each (total 20 MB). What is a […]
Annexure-B| For GST Refund
7,297 ViewsStatement of invoices to be submitted with application for refund of unutilized ITC as per circular no-125/44/2019 Download Annexure-B in Excel Format Popular Topics Latest Post SUBSCRIBE | NEWSLETTER Subscribe to our newsletter and stay latest updated on GST, Income Tax and new post.
Supporting documents for GST Refud
990 Views FORM GST RFD-01 shall be filled on the common portal by an applicant seeking refund under any of the categories mentioned above. This shall entail filing of statements/declarations/undertakings which are part of FORM GST RFD-01 itself, and also uploading of other documents/invoices which shall be required to be provided by the applicant for […]
Master GST Refund Circular no-125/44/2019
4,365 ViewsCBEC-20/16/04/18-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 18th November, 2019 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) / The Principal Director Generals/ Director Generals (All) The Principal Chief Controller of Accounts (CBIC) […]
Letter of Declaration Format for GST Refund
4,985 ViewsTO, THE ASTT. COMISSIONER GOODS & SERVICE TAX BIKRI KAR BHAWAN WARD NO. 74 NEW DELHI, REF GST NO._______________________ SUBJECT: REFUND OF GST AMT. FOR THE FIRST QUART. 2017-18 DEAR SIR, With Respect to the GST NO. _________________ and as required by you . I Raj Kumar Kushwah Partner of the above […]
Power of Attorney letter format for GST Refund
1,931 ViewsThe GST Department Ref: GST No-07BKLPK6265M2ZH Trade Name- M/s Anshul Goods Carriers Sub: Power of Attorney Dear sir I Raj kumar kushwah being Partner Of the above firm hereby authorise our GST Practitioner Mr. Suraj Kumar to appear before you to Submit all the documents related with refund for the FY-2018-2019 specimen signature is […]
Authorised Signatory Letter Format for GST Refund
2,328 ViewsDeclaration for Authorised Signatory I, Rajkumar Kushwah being proprietor of Anshul Goods Carriers (GSTIN-07BKLPK6265M2ZH) , hereby solemnly affirm and declare that Mr. Rajinder Kumar Sethi, is hereby authorized, to act as an authorized signatory. Thanking you Authorised Signatory Letter Format for GST Refund- https://rtsprofessionalstudy.com/2019/11/10/authorised-signatory-letter-format-for-gst-refund/ Letter of Declaration Format for GST Refund- https://rtsprofessionalstudy.com/2019/11/10/letter-of-declaration-format-for-gst-refund/
Disallow the refund of compensation cess in case of inverted duty structure for tobacco and manufactured tobacco substitutes.
668 Views[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.3/2019-Compensation Cess (Rate) New Delhi, the 30th September, 2019 G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 […]
Single disbursement of GST refund claims
248 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) [Central Board of Indirect Taxes and Customs] Notification No. 42/2019 – Central Tax New Delhi, the 24th September, 2019 G.S.R. ….(E).— In exercise of the powers conferred by section 164 […]
Computation of GST ITC Refund of ITC Accumulated Due to Inverted Tax Structure| GST Refund
3,563 ViewsAs per cgst rule 89(5) [(5) In the case of refund on account of inverted duty structure, refund of input tax credit shall be granted as per the following formula:- Maximum Refund Amount = {(Turnover of inverted rated supply of goods and services) x Net ITC ÷ Adjusted Total Turnover} – tax payable on […]