GST Refund on export of goods and services:

As per section 54 of CGST Act, 2017, excess amount of GST paid can be claimed as refund in following cases: 

  • Export of Goods or Services (Including Deemed Exports).
  • Refund of Unutilized Input Tax Credit.
  • Refund from Manufacturing / Generation/ Production – tax free supplies.
  • Excess payment due to error and inadvertence.
  • Finalization of Provisional Assessment.
  • Refund for Tax payment transactions by UN bodies, CSD Canteens, Para-military forces canteens, etc.
  • Refund of pre-deposit in case of Appeal.

GST provisions prescribes various modes of utilization of input tax credits and also states the procedure to claim the excess refund which cannot be set off against outward tax liability due to various factors. Refund process involves judgement on the procedural aspects as well as the contention of the revenue in each case due to multiple interpretation of a same situation. We at BCS having in-depth knowledge in various Indirect tax laws and the routed connections between the provisions of erstwhile tax laws, suggest best suitable option in a particular case.