TMI BlogRefund of GST Cash BalanceX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, We have a excess Cash balance accumulated in our Cash Ledger. The cash balance is accumulated from GST TDS credit done by our Government Customer under section 51 . Query: Should we attach any document while applying for refund online. What is the legal time line provided in the act. is 90% provision sanction is available for this refund. please clarify. regards Sarav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anan. - Reply By KASTURI SETHI - The Reply = See Section 51 (8) of CGST Act, 2017 . It appears you are deductee. Refund can be claimed under Section 54 within two years from the relevant date. Copy of electronic cash ledger is required to be attached. A certiificated issued by the deductor under Section 51(3) is also to be attached. The provision of 90% refund is meant for rebate on a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ccount of export.In my view you can claim amount of refund, if you are unable to use. Better option is to use it if possible. - Reply By SARAVANAN RENGACHARY - The Reply = Dear Kasturi Sir, Thanks for your valuable reply. I need two more clarifications: 1. Electronic Cash ledger is one which can be attached. We have multiple Certificates (41 certificates) Should all these certificate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be attached in online application. 2. Is online application is sufficient or a hard copy of the application and ARN has to be submitted in person to the department?. Regards Saravanan. - Reply By KASTURI SETHI - The Reply = 41 certificates are not to be uploaded. Only copy of Electronic Cash Ledger is to be uploaded. Still hard copy is being demanded by the department as functioning of Co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mmon Portal System is not perfect. Copy of ARN along with physical copy of application is required to be submitted. Physical copies of 41 certificates will be demanded by the Department. The department asks for manual application so as to avoid fraud. - Reply By Ganeshan Kalyani - The Reply = Sir, in Income Tax the concept of online assessment introduced where the assessee has to upload the doc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uments in the website. But even after doing so the assessee is required to give hard copy of the documents. The reason could be valid. Similarly in GST the online functionality will take its time to function at its fullest. - Reply By SARAVANAN RENGACHARY - The Reply = Dear Kasturi Sir, I once again thank you for your valuable reply. regards Saravanan. - Refund of GST Cash Balance - Query ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Started By: - SARAVANAN RENGACHARY Dated:- 14-7-2019 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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