GST Refund

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..... GST Refund
Query (Issue) Started By: - Ranjith Reddy Dated:- 31-7-2019 Last Reply Date:- 1-8-2019 Goods and Services Tax - GST
Got 3 Replies
GST
One of our client has exports and domestic sales for Finanacial year 2017-18. The client has missed out to disclose export turnover in their GSTR-3B, however they have disclosed the same in GSTR-1. Now client wants to file refund under invert .....

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..... ed duty structure, my query is whether there will be any issues pertaining to non disclosure of export turnover in GSTR- 3B. Reply By KASTURI SETHI: The Reply: GSTR-1 is an account of details of all outward supplies whereas GSTR 3B is the summary of all transactions declared and payments made. Hence GSTR-1 does not cover GSTR-3B. GSTR 3B return or statement (whatever you may call because of rece .....

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..... nt judgment) is mandatory for filing refund claim. However, Annual Return is a final opportunity to reconcile and rectify the mistakes committed. If the figures of your Annual Returns match with books of account and GSTR-1, refund claim may not be rejected by the department otherwise litigation is the alternative route. Refund claim cannot be rejected because of procedural or technical lapses, esp .....

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..... ecially, in view of the fact that no revenue loss is involved. De facto, Annual return is a final return except Final Return under Section 45. So you may file refund claim after filing Annual Return. Reply By Ranjith Reddy: The Reply: Dear Sir, we have already filed refund application. Reply By KASTURI SETHI: The Reply: I am hopeful you will be successful.
Discussion Forum - Knowledge Sh .....

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