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Refund of tax interest penalty fees or any other amount

Rule 1 - Draft GST Refund Rules - Goods and Services Tax - Rule 1 - DRAFT GOODS AND SERVICES TAX - REFUND RULES, 20- Note: Corresponding changes in the Model GST Law are being carried out separately. Comments , if any may kindly be given by 28th September, 2016. Chapter-__: REFUND 1. (1) Any registered taxable person, except the persons covered by notification issued under clause (d) of sub-section (6) of section 38, claiming refund of any tax, interest, penalty, fees or any other amount paid by .....

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ter the export manifest or an export report, as the case may be, in respect of such goods is delivered under section 41 of the Customs Act 1962: Provided also that in respect of supplies made to an SEZ unit or a developer, or supplies regarded as deemed exports, the application shall be filed by the said unit or the developer or the recipient of deemed export supplies. (2) The application under sub-rule (1) shall be accompanied by any of the following documentary evidences, as applicable, to est .....

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refund is on account of export of goods; (c) a statement containing the number and date of invoices as prescribed in rule Invoice._ in case of supply of goods made to an SEZ unit or a developer; (d) a statement containing the number and date of invoices, in a case where the refund is on account of deemed exports; (e) a statement containing the number and date of invoices and the relevant Bank Realization Certificates or Foreign Inward Remittance Certificates, as the case may be, in a case where .....

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re the claim pertains to refund of any unutilized input tax credit under sub-section (2) of section 38 where the credit has accumulated on account of rate of input tax being higher than the rate of output tax; (h) the reference number of the final assessment order and a copy of the said order in a case where the refund arises on account of finalisation of provisional assessment; (i) a declaration to the effect that the incidence of tax and interest claimed as refund has not been passed on to any .....

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ed is five lakh rupees or more: Provided that a certificate is not required to be furnished in respect of cases covered under clause (a), (b) or (d) of sub-section (6) of section 38; Explanation 1.- For the purpose of this rule, invoice means invoice conforming to the provisions contained in section 23A in case of refunds referred to in clause (c) of sub-section (6) of section 38. Explanation 2.- Where the amount of tax has been recovered from the recipient, it shall be deemed that the incidence .....

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port turnover of services ) x Net ITC / Adjusted Total Turnover Where,- (A) "Refund amount" means the maximum refund that is admissible; (B) "Net ITC" means input tax credit availed on inputs and input services during the relevant period; (C) "Export turnover of goods" means the value of goods exported during the relevant period without payment of tax under bond or letter of undertaking; (D) "Export turnover of services" means the value of services exporte .....

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uot; means the value of turnover in a State, as defined under subsection (104) of section 2, excluding the value of exempt supplies, during the relevant period; (F) Relevant period means the period for which the claim has been filed. Provided that no refund of input tax credit shall be allowed if the supplier of goods and / or services avails of drawback allowed under the applicable Drawback Rules or claims rebate of tax paid under the Act or the IGST Act, 201_ in respect of such tax. (5) The ap .....

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