XYZ is filing refund claim on monthly basis for accumulated ITC due to continuous exports. However, some of the suppliers are filing quarterly returns and therefore the same is not appearing in GSTR – 2A on portal. To this extent the refund amount is not paid. Can XYZ file refund claim after end of the quarter instead of on monthly basis? If yes, under which provisions?
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The refund claim need not be filed for each month. It can be file for any length of period. Quarterly or half yearly or yearly etc. Pls check circulars issued. Must be available in circular 125 being the consolidated master circular
You may also refer to Circular No.135/05/2020 - GST which covers bunching of refund claims across financial years.