GST REFUND FOR MULTIPLE TAX PERIODS
The
Goods and Services Tax Act, 2017 came into force in India with effect from
1.7.2017.
The
GST portal has added a new facility for filing of refund applications for
multiple tax periods.
Taxpayers
filing refund application for input tax credit accumulated on account of export
of Goods or Services without payment of tax and on account of supplies of Goods
and Services made to Special Economic Zone Units and Special Economic Zone
Developers without payment of tax has now been provided facility to apply for
refund for multiple tax periods.
The
Advisory Note available in the GST portal is given below for ready reference.
Advisory for Taxpayers to file Refund for Multiple
Tax period dated 23.8.2018
1. Refund application filing for multiple tax period
is available for below grounds of refund:
a. Export of Goods & Services-Without payment of
Tax
b. Supplies made to SEZ Unit/SEZ Developer-Without
payment of Tax
2. Refund application can be filed using refund
application Form GST-RFD-01A & selecting a particular tax period
3. The multiple tax period application has following
restrictions:
a. Multiple tax period selection should be within
financial year
b. Application has to be filed chronologically for tax
periods and in case refund application is not to be filed for any tax period, a
declaration of `No Refund Application is to be provided`
For e.g.: April 2018 to June2018 refund application
cannot be filed till application or No refund application declaration is filed
for any tax period prior to April 2018
4. For claiming refund, taxpayer would have to upload
invoice details mandatorily in the statement template available in the refund
application itself
5. The statement uploaded by taxpayers will be
validated by system from the invoice data declared/provided by the taxpayer at
the time of filing return for that period for which refund is claimed
6. Only after validating data from system, the
taxpayer would be able to file refund application.
7. All the invoice details are to be provided in a
single statement. Taxpayer is not required to upload multiple statements for
different periods separately.
8. After filing refund application, taxpayer would not
be able to claim refund for that invoice again in some other refund application
as the system will lock the invoice for which refund is claimed in one
application. Also, taxpayer would not be able to amend invoice details after
claiming refund
9. Taxpayer can also attach any other supporting
document, if required 4 documents can be uploaded with a single refund
application in pdf format.Max size allowed for a document is 5MB
10. After filing of refund application by taxpayer,
refund application Form GST-RFD-01A along with the statement and documents
uploaded shall be available to tax officer for review and processing of refund
11. As the functionality for multiple tax period has
been made available, therefore to avoid duplication, the refund applications in
the categories mentioned in point2 above, that were SAVED in the GSTsystem will
be purged and removed from the system
As
per the above instructions the “No Refund Application has to be filed" if there are no GST Refund claim from
the month of July 2017 to March 2018.
Only after filing the Refund Applications chronologically for the tax periods prior to April 2018 the Refund Application in Form
GST RFD-1A1 along with the statement of documents uploaded for processing of
refund of GST for the period from April 2018 to June 2018 has to be uploaded in the GST Portal.
