9911796707
TMI BlogClarifications on refund related issues under GST.X X X X Extracts X X X X X X X X Extracts X X X X ..... o clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Chief Commissioner, in exercise of his powers conferred by section 168 (1) of the Andhra Pradesh Goods and Services Tax Act, 2017 (hereinafter referred to as "APGST Act"), hereby clarifies the issues as detailed hereunder: Sr.No. Issue Clarification 1. Certain registered persons have reversed, through return in FORM GSTR-3B filed for the month of August, 2018 or for a subsequent month, the accumulated input tax credit (ITC) required to lapsed in terms of G.O.Ms.No.448, Revenue (Commercial Taxes-II), 21st August, 2018 {corresponding notification No. 20/2018-Central Tax (Rate) dated 26.07.2018} read with (centra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ents, declarations, undertakings and other documents which are statutorily required to be submitted with a "refund claim of unutilized ITC on account of accumulation due to inverted tax structure". On receiving the said application, the proper officer shall himself calculate the refund amount admissible as per rule 89(5) of Andhra Pradesh Goods and Services Tax Rules, 2017 (hereinafter referred to as "APGST Rules"), in the manner detailed in para 3 of (central) Circular No. 59/33/2018-GST dated 04.09.2018. After calculating the admissible refund amount, as described above, and scrutinizing the application for completeness and eligibility, if the proper officer is satisfied that the whole or any part of the amount claimed is payable as refun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bsequent to the month of August, 2018 or through FORM GST DRC-03 subsequent to the due date of filing of the return in FORM GSTR-3B for the month of August, 2018, he shall be liable to pay interest under sub-section (1) of section 50 of the APGST Act on the amount which has been reversed belatedly. Such interest shall be calculated starting from the due date of filing of in FORM GSTR-3B for the month of August, 2018 till the date of reversal of said amount through FORM GSTR-3B or through FORM GST DRC-03, as the case may be. b) the registered person who has reversed the amount of credit to be lapsed in the return in FORM GSTR-3B for any month subsequent to August, 2018 or through FORM GST DRC-03 subsequent to the due date of filing of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... all be granted. b) This refund of accumulated ITC under rule 89(4B) of the APGST Rules shall be applied under the category "any other" instead of the category "refund of unutilized ITC on account of exports without payment of tax" in FORM GST RFD-01A and shall be accompanied by all supporting documents required for substantiating the refund claim under the category "refund of unutilized ITC on account of exports without payment of tax". After scrutinizing the application for completeness and eligibility, if the proper officer is satisfied that the whole or any part of the amount claimed is payable as refund, he shall request the taxpayer, in writing, to debit the said amount from his electronic credit ledger through FORM GST DRC-03. Once ..... X X X X Extracts X X X X X X X X Extracts X X X X
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