GST Refund

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....ST Refund<br> Query (Issue) Started By: - Raja Krishnan Dated:- 24-6-2024 Last Reply Date:- 26-6-2024 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>Good Morning to all Experts, Recommendations of 53rd GST Council Meeting Relaxation in condition of section 16 (4) of the CGST Act: a) In respect of initial years of implementation of GST, i.e., financial years 2017-18, 2018-19, 2019-20 an....

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....d 2020-21: The GST Council recommended that the time limit to avail input tax credit in respect of any invoice or debit note under Section 16 (4) of CGST Act, through any return in FORM GSTR 3B filed upto 30.11.2021 for the financial years 2017-18, 2018-19, 2019-20 and 2020-21, may be deemed to be 30.11.2021. For the same, requisite amendment in section 16(4) of CGST Act, retrospectively, w.e.f. ....

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....01.07.2017, has been recommended by the Council. My Doubt, Is it is eligible for GST Refund for the year of 2017-2018? Reply By Padmanathan Kollengode: The Reply: what is the refund related to? Reply By Raja Krishnan: The Reply: Dear Sir, During the COVID-19, our Refund application (Zero Rated Sales under LUT without payment of Duty mode) was rejected by the department for the year of 2017-2....

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....018 on March 2021 because of time bar. Reply By Padmanathan Kollengode: The Reply: There was no such proposal in the GST Council for extension of time for refund. Anyways, you may consider the following aspects: 1. Kindly check whether the refund was within the relaxation granted during Covid-19 vide Notification No 13/2022 Central Tax. 2. Madras High Court Judgement in Lenovo Case wherein Co....

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....urt has held that the time limit under sec 54 is only directory. Reply By Raja Krishnan: The Reply: Thank you Padmanathan Sir, Anyway, we will waiting for proper Notification for clear picture, as per K.L.Sethi sir advise. Reply By Shilpi Jain: The Reply: I do not see any time relaxation for refund in the press release relating to recent council meeting.<br> Discussion Forum - Knowledge Shari....

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