Relevant Date to Claim Refund under GST

Under the GST regime, the taxpayer needs to claim the refund on time for better tax management and meet the working capital. So, in this blog, we will know all the relevant refund dates under GST.

When to Claim GST Refund? 

Before moving straight to the relevant date for refund under GST, we need to know when to claim a GST refund: 

1. Export
2. SEZ Supplies 
3. UIN Holders, 
4. Deemed Export supplies, 
5. Excess payment due to mistake 
6. Refund arising on account of judgment, decree, order, or direction of the Appellate Authority, Appellate Tribunal, or any court, 
7. ITC refund in case of inverted duty structure, 
8. Tax paid on a provisional basis, 
9. Any pre-deposit made, 
10. Refund vouchers for which goods or services have not been supplied, 
11. Refund of CGST & SGST paid 

Due-Date to Claim Refund under GST 

The taxpayer needs to file a GST refund within 2 years from the relevant date. 

Relevant Date to Claim Refund Under GST 

The date of payment of tax is considered as a relevant date to claim a refund under GST in most cases. However, there are certain scenarios where the relevant date can be different: 

S.No.	Scenario	Relevant Date	Remarks
1	The refund claim on Export of goods or the accumulated ITC	Date when the goods departures from India via air/land/sea.	If the goods are sent via post, in such case the relevant date would be the date on which such good is dispatched by the post.
2	The refund claim on Export of services or the accumulated ITC	In this case, the relevant date for claiming a refund under GST will be the date on which the invoice is issued.	In case if the taxpayer receives the invoice before the receipt of payment, then in such a case the relevant date will date on which the payment will be received.
3	Refund for Deemed Exports.	The relevant date for claiming refund under GST will be the date on which the GST return will be furnished by the taxpayer containing the details of deemed exports.
4	Refund due to any judgement /  decree / order / direction	The relevant date for claiming refund under GST will be the date on which such judgment/decree/order/direction is communicated to the taxpayer.
5	Unutilized Input Tax Credit	The relevant date for claiming a refund under GST will be 31st March of that relevant financial year.
6	Refund of provisionally paid tax	The relevant date for claiming a refund under GST will be the date when such amount is adjusted after the final assessment.
7	Refund claimed by any other person apart from the supplier	The relevant date for claiming a refund under GST will be the date of receipt of goods/services.

How to File GST Refund Application? 

The taxpayer can file a GST Refund application online using the application form RFD-01. Once the refund application is filed by the taxpayer, the proper GST officer will verify it and will then issue an order within 60 days. However, in case if the tax officer fails to provide a GST refund within the prescribed time limit, then the applicant will be eligible to receive an interest of 6% per annum. 

How Can GSTrobo® Help You? 

GSTrobo® a division of Binary Semantics Ltd is one of the leading ASP- GSP who provides industry-leading GST compliance software such as GST, e-way bill, and e-invoicing software. These solutions not only automate most of your GST compliance but also helps you to claim a 100% accurate GST refund on time.