TaxTMI 
TaxTMI 
Clarification on refund related issues
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....sions of law across the field formations, the Commissioner, in exercise of its powers conferred by section 166 (1) of the Delhi Goods and Services Tax Act, 2017 (hereinafter referred to as "DGST Act"), hereby clarifies the issues as detailed hereunder ST. No. 1. Issue Ly Certain registered persons have reversed, through return a) in FORM GSTR-3B filed for the month of August, 2018 or for a subsequent month, the accumulated input tax credit (IT) required to be lapsed in terms of notification No. 20/2018-State Tax (Rate) dated... read with circular No. 56/30/2018-GST dated 24.082018 (hereinafter referred to as the "said notification"). Some of these registered persons, who have attempted t....
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....er documents which are statutorily required to be submitted with a "refund claims of antilized ITC on account of accumulation due to inverted tax struah Ou sving the sald application, the proper officer shall himself calculate the refund amount admissible as per rule 89(5) of Delhi Goods and Services Tax Rules, 2017 (hereinafter referred to as "DGST Rules), in the manner detailed in para 3 of Circular No. 59/33/2018- GST dated 04.09.2018. After calculating the admissible refund amount, as described above, and scrutinizing the adfintton far complirun and eligibility, if the proper officer is satisfied that the whole or any part of the amount claimed is payable as refund, he shall request the taxpa....
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....should a merchant exporter claim refund of input tax credit availed on supplies received on which the supplier has availed the benefit of the Government of National Capital Territory of Delhi, Department of Finance(Revenue-1) Notification No. 40/2017-State Tax (Rate), dated the 27 November, 2017, published in the Carctt felh, Extraordinary, Part IV, vide number F3(57/Fin(Rev-1)/2017-2018/DS-V1/763, dated the 27 November, 2017 or Notification No. 41/2017-State Tax (Rate), dated the 28th November, 2017, published in the Gazette of Delhi, Extraordinary, Part IV, vide number F3(59/Fin(Rev-1)/2017-2018/DS-VI/765, dated the 28th November, 2017 (hereinafter referred to as the "said notifications)? Vide ....
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....rsed the amount of credit to be lapsed in the return in FORM GSTR-3B for any month subsequent to August, 2016 or through FORM GST DRC-03 subsequent to the due date of filing of the return In FORM GSTR-3B for the month of August, 2018 would remain eligible to claim refund of unutilized ITC on account of accumulation due to Inverted tax structure wef 01.08.2018. However, such refund shall be granted only after the reversal of the amount of credit to be lapsed either through FORM GSTR-38 or FORM GST DRC-03, along with payment of interest as applicable. a) b) Rule 09(48) of the DGST Rules provides that where the person claiming refund of unutilized input tax credit on account of zero-rated s....
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....pplication as per the existing guidelines. After scrutinizing the application for completeness and eligibility, if the proper officer is satisfied that the whole or any part of the amount claimed is payable as refund, he shall request the taxpayer, in writing, to debit the sald amount from his electronic credit ledger through FORM GST DRC-03. Once the proof of such debit is received by the officer, he shall proceed to issue the a 19/2 2. 3. file the rectified application after issuance of the deficiency memo, under the earlier ARN only. It was also Further clarified that a suitable clarification would be issued separately for cases in which such re-credit has already been carried out. Howev....