REFUND UNDER GST LAWS

REFUND UNDER GST LAWS

Following are the common situations where refund can be claimed under GST laws:

  1. Refund of accumulated Input Tax Credit on account of inverted duty structure

  2. Export of Goods or Services

  3. Deemed Exports

  4. Refund on account of issuance of refund vouchers for taxes paid on advances against which, goods or services have not been supplied.

  5. Supplies to SEZ units and developers

  6. Excess GST paid due to mistake

  7. Refund to International Tourists of GST paid on goods in India and carried abroad at the time of their departure from India.