GST Refund Claim
Exports, inverted duty and excess balance, claimed and followed up.
Refunds arise in three common situations: exports made on payment of IGST or under LUT, an inverted duty structure where inputs are taxed higher than outputs, and an excess balance sitting in the electronic cash ledger.
The application is RFD-01 and the two-year limitation runs from a relevant date that differs by case — the shipping bill date for exports, the return due date for an inverted structure. Filing late means the refund is simply gone.
Most delays are deficiency memos in RFD-03. A memo restarts the process, so the statement and the invoice mapping have to be right first time.
What is included
- Eligibility and the relevant date established
- Statement 3 or 3A prepared with invoice mapping
- RFD-01 filed with the required declarations
- Deficiency memos answered and the claim followed to sanction
What we need from you
- Export invoices, shipping bills and BRC or FIRC
- GSTR-1, 3B and 2B for the period
- LUT, where exports were made without payment
- Statement of the inverted duty computation
Questions
How long does a GST refund take?
The officer must issue provisional sanction of 90% within seven days for a zero-rated claim, and the final order within sixty days of a complete application. Interest at 6% runs if the sixty days is exceeded.
What is the time limit for claiming a GST refund?
Two years from the relevant date, which differs by case — the date goods left India for an export of goods, receipt of payment for a service, and the due date of the return for an inverted duty claim.
Also in GST
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