https://www.taxtmi.com/article/detailed?id=16597 GST refunds operate as a statutory mechanism for repayment of tax, interest, penalty, fees or other amounts that are excess, wrongly paid, or otherwise legally refundable under the GST law. Refunds commonly arise from excess tax payment, exports, unutilised input tax credit, supplies to Special Economic Zone units or developers, deemed exports, wrong-head payments, cancellation of advances or contracts, and refunds flowing from assessment, appellate, revisionary or judicial orders. The framework is governed by the CGST Act and GST Rules, with electronic filing, prescribed documentation, verification, sanction, credit to the validated bank account, and interest for delayed disposal. en-us Tue, 09 Jun 2026 07:50:54 +0530 Tue, 09 Jun 2026 07:50:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16597 GST refunds operate as a statutory mechanism for repayment of tax, interest, penalty, fees or other amounts that are excess, wrongly paid, or otherwise legally refundable under the GST law. Refunds commonly arise from excess tax payment, exports, unutilised input tax credit, supplies to Special Economic Zone units or developers, deemed exports, wrong-head payments, cancellation of advances or contracts, and refunds flowing from assessment, appellate, revisionary or judicial orders. The framework is governed by the CGST Act and GST Rules, with electronic filing, prescribed documentation, verification, sanction, credit to the validated bank account, and interest for delayed disposal. Articles Goods and Services Tax - GST Tue, 09 Jun 2026 07:50:54 +0530 https://www.taxtmi.com/article/detailed?id=16597