TMI BlogManual filing and processing of refund claims on account of inverted duty structure, deemed exports and excess balance in electronic cash ledger- Reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... e applications/documents/forms pertaining to refund claims on account of inverted duty structure (including supplies in terms of notification Nos. F.12(46)FD/Tax/2017-Pt-II-124 and 41/2017-lntegrated 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, in exercise of powers conferred under section 168 (1) of the Rajasthan Goods and Services Tax Act, 2017 (hereafter referred to as 'the RGST Act') it is hereby clarified that the provisions of GST Circular No. 04/2017 dated 12.12.2017 shall also be applicable to the following types of refund in as much as they pertain to the method of filing of the refund claim and its p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 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 paid back to the Government with interest in case it is found subsequently that the requirements of clause (c) of sub-section (2) of section 16 read with sub-section (2) of sections 42 of the RGST/ CGST Act have not been co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... supply of goods Adjusted total turnover Net input tax credit Maximum refund amount to be claimed [(1x4 3)-2] 1 2 3 4 5 Statement 1A [rule 89(2)(h)] Refund type: ITC accumulated due to inverted tax structure [clause (ii) of first proviso to section 54(3)] Sl.No. Details of invoices of inward supplies received Tax paid on inward supplies Details of invoices of outward supplies issued Tax paid on ou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cludes an undertaking by the recipient of deemed export supplies that he shall not claim the refund in respect of such supplies and that no input tax credit on such supplies has been availed of by him. The undertaking should be submitted manually along with the refund claim. Similarly, in case the refund is filed by the recipient of deemed export supplies, an undertaking by the supplier of deemed export supplies 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 deem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... refund is rejected under rule 92 of the RGST Rules, either fully or partly, the amount debited, to the extent of rejection, shall be re-credited to the electronic credit ledger by an order made in FORM GST RFD-1B until the FORM GST PMT-03 is available on the common portal. Further, the payment of the sanctioned refund amount shall be made only by the respective tax authority of the Central or State Government. Thus, the refund order issued either by the Central tax authority or the State tax authority shall be communicated to the concerned counter-part 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 al ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ORM GST RFD-05 and process for onward transmission for release of payment through pay manager. After release of payment by the respective Treasury to the applicant's bank account, the concerned officers of Central tax and State tax shall inform each other, The manner of communication as referred earlier shall be followed at the time of final sanctioning of the refund also. 7.0 In case of refund claim for the balance amount in the electronic cash ledger, upon filing of FORM GST RFD-01A as per the procedure laid down in para 2.4 of GST Circular No. 04/2017 dated 12.12.2017, the amount of refund claimed shall get debited in the electronic cash ledger. (Alok Gupta) Commissioner State Tax, Rajasthan, Jaipur. NO. F. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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