What can be claimed as Refund:
ANY balance amount in electronic ledger so claimed in returns,
ANY unutilized input tax credit (weather supply has been made as Zero-rated or Taxable supply but can’t be claimed if supply is NIL Rated or EXEMPTED)
Tax paid by any specified agency (Like UN, Red Cross, Embassies)
What procedures need to be followed?
File application u/s 54(1) within 2 years if claiming refund of any tax or interest paid by him, this can be claimed by filing return “RFD-1”
File application u/s 54(1) anytime to claim refund in the return furnished u/s 39 of any amount available in electronic cash ledger u/s 49(6), this can be claimed by filing return “GSTR-3/4/7”
If you have any balance in GST Credit account or you have paid the Tax/Interest, and you wish to claim the same as refund please contact us.