9911796707
TMI BlogManual filing and processing of refund claims on account of inverted duty structure, deemed exports and excess balance in electronic cash ledger – RegardingX X X X Extracts X X X X X X X X Extracts X X X X ..... il, that the applications/documents/forms pertaining to refund claims on account of inverted duty structure (including supplies in terms of notification Nos. 40/2017-State Tax (Rate) issued in G.O.Ms No. 253, Revenue (CT-II) Department, dt. 23-11-2017 (40/2017 - Central Tax (Rate)) and 41/2017-Integrated Tax (Rate) both dated 23.10.2017), deemed exports and excess balance in electronic cash ledger shall be filed and processed manually till further orders. In this regard, the Commissioner of State Tax, in exercise of his powers conferred under Section 168 (1) of the Telangana Goods and Services Tax Act, 2017 hereby clarifies that the provisions in CCT s Ref No. A(1)/170/2017, Dt. 29-12-2017, shall also be applicable to the following types ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed that the refund claim for a tax period may be filed only after filing the details in FORM GSTR-1 for the said tax period. It is also to be ensured that a valid return in FORM GSTR-3B has been filed for the last tax period before the one in which the refund application is being filed. Since the date of furnishing of FORM GSTR-1 from July, 2017 onwards has been extended while the dates of furnishing of FORM GSTR-2 and FORM GSTR-3 for such period are yet to be notified, it has been decided by the competent authority to sanction refund of provisionally accepted input tax credit at this juncture. However, the registered persons applying for refund must give an undertaking to the effect that the amount of refund sanctioned would be p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... paid on inward supplies Details of invoices of outward supplies issued Tax paid on outward supplies No Date Taxable Value Integra ted Tax Centr al Tax State/Union territory Tax No. Date Taxable Value Integrated Tax Central Tax State/Union territory Tax 1 2 3 4 5 6 7 8 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that he shall not claim the refund in respect of such supplies is also required to be furnished manually. The procedure regarding procurement of supplies of goods from DTA by Export Oriented Unit (EOU) / Electronic Hardware Technology Park (EHTP) Unit / Software Technology Park (STP) Unit / Bio-Technology Parks (BTP) Unit under deemed export as laid down in Circular No. 14/14/2017-GST dated 06.11.2017 issued by CBEC needs to be complied with. 4.1 Further, as per the provisions of Rule 89(2)(g) of the TGST Rules, the following statement 5B of FORM GST RFD-01A is required to be furnished for claiming refund on supplies declared as deemed exports:- Statement 5B [rule 89(2)(g)] Refund type: On account of deemed exports ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... State Government. Thus, the refund order issued either by the Central tax authority or the State tax/UT tax authority shall be communicated to the concerned counterpart tax authority within seven working days for the purpose of payment of the relevant sanctioned refund amount of tax or cess, as the case may be. This time limit of seven working days is also applicable to refund claims in respect of zero-rated supplies being processed as per Circular issued CCT s Ref No. A(1)/170/2017, Dt. 29-12-2017 ( corresponding CBEC Circular No. 17/17/2017-GST dated 15.11.2017) as against the time limit of three days prescribed in para 4 of the said Circular. It must be ensured that the timelines specified under Section 54(7) and Rule 91(2) of the TGST ..... X X X X Extracts X X X X X X X X Extracts X X X X
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