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Home Acts & Rules GST Draft-Bills-Reports Report on - Business Processes for GST on Refund Process - [August 2015] This

Report on - Business Processes for GST on Refund Process - [August 2015]

Para 1	:	INTRODUCTION
Para 2	:	SITUATIONS WHERE REFUNDS WOULD ARISE
Para 2 (A)	:	EXCESS PAYMENT OF TAX DUE TO MISTAKE OR INADVERTENTCE
Para 2 (B)	:	EXPORT (INCLUDING DEEMED EXPORT) OF GOODS / SERVICES UNDER CLAIM OF REBATE OR REFUND OF ACCUMULATED CREDIT OF TAX WHEN GOODS/SERVICES ARE EXPORTED
Para 2 (C)	:	FINALIZATION OF PROVISIONAL ASSESSMENT
Para 2 (D)	:	REFUND OF PRE – DEPOSIT FOR FILING APPEAL INCLUDING REFUND ARISING IN PURSUANCE OF AN APPELLATE AUTHORITY’S ORDER
Para 2 (E)	:	PAYMENT OF DUTY/TAX DURING INVESTIGATION BUT NO / LESS LIABILITY ARISES AT THE TIME OF FINALIZATION OF INVESTIGATION / ADJUDIACTION
Para 2 (F)	:	REFUND FOR TAX PAYMENT ON PURCHASE BY UN BODIES, SUPPLIES TO CSD CANTEENS, PARA MILITARY FORCES CANTEENS, ETC
Para 2 (G)	:	TAX CREDIT ON INPUTS USED FOR MANUFACTURING /GENERATION /PRODUCTION /CREATION OF TAX FREE SUPPLIES OR NON-GST SUPPLIES
Para 2 (H)	:	REFUND OF CARRY FORWARD INPUT TAX CREDIT
Para 2 (I)	:	REFUND ON ACCOUNT OF YEAR END OR VOLUME BASED INCENTIVES PROVIDED BY THE SUPPLIER THROUGH C REDIT NOTES
Para 2 (J)	:	TAX REFUND FOR INTERNATIONAL TOURISTS
Para 3	:	REFUND FORMS
Para 4	:	TIME PERIOD FOR FILING OF REFUND AND RELEVANT DATE
Para 5	:	SUPPORTING DCOUMENTS
Para 6	:	RECEIPT OF REFUND APPLICATION AND PROCEDURE FOR GENERATING PROOF OF RECEIPT OF APPLICATION FOR REFUND
Para 7	:	NUMBER OF COPIES OF APPLICATIONS TO BE FILED
Para 8	:	REQUIREMENT FOR TAXPAYER TO KEEP A COPY OF REFUND APPLICATION FOR THE PRESCRIBED PERIOD
Para 9	:	PROCEDURE AND TIME WITHIN WHICH PRELIMINARY SCRUTINY OF SUBMISSION OF THE RELEVANT DOCUMENTS IS CARRIED OUT
Para 10	:	PROCEDURE FOR DEALING WITH REFUND THEREAFTER INCLUDING EXAMINATION OF PRINCIPLE OF “UNJUST ENRICHMENT”
Para 11	:	MINIMUM AMOUNT BELOW WHICH REFUND SHALL NOT BE GRANTED
Para 12	:	SANCTIONING OF REFUND
Para 13	:	VERIFICATION AND CONTROL
Para 14	:	INTEREST
Para 15	:	ADJUSTMENT
Para 16	:	RECOVERY OF ERRONEUS REFUND
ANNEXURE-I	:	CONSTITUTION ORDER OF JOINT COMMITTEE ON BUSINESS PROCESSES FOR GST
ANNEXURE-II	:	CONSTITUTION OF SUB-COMMITTEE ON GST REFUND PROCESSES
ANNEXURE-III	:	LIST OF PARTICIPANTS OF THE MEETING HELD ON 22ND AND 23RD JULY, 2015
ANNEXURE-IV	:	Form GST – Refund Claim Form - To be used by Tax Payers only
ANNEXURE-V	:	Form GST - Refund order
ANNEXURE-VI	:	Reduction / Adjustment Summary
ANNEXURE-VII	:	Form GST - Refund Claim Form - To be used only by Embassies, International and Public Organisations and their Officials

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