The refund claim can be made within 2 years from the relevant date in RFD-01.
Relevant date means date at which the payment is due in respect to the note/coupon/order issued.
RFD-01 can be filled for multiple tax periods in one application which is in 1 financial year. In some cases, RFD-01 is filled monthly:
- For claims of zero-rated supplies
- For claims of deemed exports
- For claims of excess balance in electronic cash ledger.
- For claims of inverted duty structure.
These are crucial documents and processes to complete refund applications for export of goods and services. The Form GST RFD -01 is now easy to fill through the GST portal. Lex N Tax Associates will provide you with the necessary support and meet all the requirements for you to claim a refund as per the law.
Declarations, statements, undertakings, or certificates required:
- Declaration Under Second and Third Provision to section 54(3)
- Undertaking in relation to section 16(2)© and 42(2).
- Statement 3 under rule 89(2)(b) and rule 89(2)©.
- Statement 3A under rule 89(4)
Supporting documents
- Copy of GSTR-2A of the relevant period
- Statement of invoices (Annexure-B)
- Self-certified copies of invoices entered in Annexure-B
- BRC/ FIRC in case of export of services and shipping bill in case of goods.
Who is eligible for a GST refund?
Under section 54(3) of the CGST Act, 2017, a registered applicant or taxpayer is eligible to claim a refund of unutilized input tax credit by the end of the tax period. A taxpayer can claim unutilized input tax credit on a monthly basis. More info visit to lexntax
