Deemed export refund procedure allows suppliers or recipients to apply; Commissioner may extend filing period. The amendment permits refund applications for supplies regarded as deemed exports to be filed by either the recipient or, if the recipient foregoes input tax credit and provides an undertaking, by the supplier. It empowers the Commissioner to allow extensions beyond the standard three month period. Form GST RFD-01 is revised: Statement-2 for exports of services with tax payment and Statement-4 for supplies to SEZ units/developers now require detailed invoice, integrated tax, cess, BRC/FIRC and debit/credit note adjustment entries.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deemed export refund procedure allows suppliers or recipients to apply; Commissioner may extend filing period.
The amendment permits refund applications for supplies regarded as deemed exports to be filed by either the recipient or, if the recipient foregoes input tax credit and provides an undertaking, by the supplier. It empowers the Commissioner to allow extensions beyond the standard three month period. Form GST RFD-01 is revised: Statement-2 for exports of services with tax payment and Statement-4 for supplies to SEZ units/developers now require detailed invoice, integrated tax, cess, BRC/FIRC and debit/credit note adjustment entries.
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