TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Electronic tax refund applications: rules for SEZ and deemed exports, two-year limit, required documents and adjustments</h1> Any person (except notified exceptions) may electronically apply for refund of tax, interest, penalty, fees or other amounts in the prescribed form; special rules allow suppliers or recipients to file for supplies to Special Economic Zones or deemed exports. Certain refunds (e.g., reclassification from intra-State to inter-State, additional integrated tax after export) have a two-year limitation. Applications must include specified documentary evidence (shipping bills, export invoices, bank realisation certificates, invoices, orders, reconciliation statements, or declarations). Refund of input tax credit debits the electronic credit ledger. Formulae govern refunds for zero-rated supplies and inverted duty structure. Declarations or accountant certificates are required depending on claim value; refunds are adjusted against advance tax and pending returns.
TaxTMI 
TaxTMI 
