Question 1 - What is refund? - FAQ on GST dated 21.9.2016 based on Draft Model GST

Q 1. What is refund? Ans. Refund has been discussed in section 38 of the MGL. Refund includes refund of tax on goods and/or services exported out of India or on inputs or input services used in the goods and/or services which are exported out of India, or refund of tax on the supply of goods regarded as deemed exports, or refund of unutilized input tax credit as provided under section 38(2).