GST - Manual filing and processing of refund claims on account of inverted duty structure, deemed exports and excess balance in electronic cash ledger CGST Circular No.24/24/2017 GST dated 21.12.2017 - Communication thereof

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....2017 - Communication thereof - Reg. Please refer to the following GST Trade Notices issued by this office. No GST Trade Notice No. & Date Board's Circular communicated Subject 1 42/2017 dated 20.11.2017 CGST Circular No. 14/14/2017 GST dated 06.11.2017 Procedures, safeguards and forms for procurement of supplies of goods from DTA by EOU / EHTP Units / STP Units / BTP Units under deemed export benefits 2 46/2017 dated 23.11.2017 CGST Circular No. 17/17/2017-GST dated 15.11.2017 Procedures and guidelines for the manual filing and processing of the refund claims 2. In furtherance to the above, the Central Board of Excise & Customs (CBEC) has issued CGST Circular No.24/24/2017-GST dated 21.12.2017 o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....excess balance in electronic cash ledger shall be filed for a tax period on a monthly basis in FORM GST RFD01A. However, in case registered persons having aggregate turnover of upto Rs. 1.5 Crores in the preceding financial year or the current financial year are opting to file FORM GSTR-I quarterly, such persons shall apply for refund on a quarterly basis. • Further, it is stated that the refund claim for a tax period may be filed only after filing the details in FORM /GSTR-I for the said tax period. It is also to be ensured that a valid return in FORM GSTR 3B has been filed for the last tax period before the one in which the refund application is being filed. • Since the date of furnishing of FORM GSTR-I from July....