Content:

Introduction

GST refund claim as per section 54 of CGST Act, 2017

What is the process of Pre- Application Form for GST Refund?

What details are captured in Refund Pre- Application Form?

Is Refund Pre- Application Form can be revised?

Introduction

As we all know that GST system is now become computerized and online, it is anticipated that the processing of GST refund applications would be quicker and easier. A delay in refund would cause problem for the exporters/ manufacturers in maintaining the working capital and cash flow. There is no tracking option is available after the Refund Pre- Application Form is submitted on the GST Portal.

GST refund claim as per section 54 of CGST Act, 2017:

  • In case of excess GST is paid due to mistake.
  • Export of goods or services.
  • Deemed exports.
  • Refund of pre- deposit.
  • Refund of accumulated input tax credit due to inverted duly structure.
  • Finalization of provisional assessment.
  • Pre- deposit return.
  • Refund on the topic of refund vouchers for taxes charged on advances not provided with products or services have not been supplied.
  • CGST & SGST refund paid by treating the supply as intra state supply which is subsequently held as inter- state supply and vice versa.

What is the process of Pre- Application Form for GST Refund?

The process to fill Pre- Application Form for GST Refund is:

  • Click on gst.gov.in.
  • Click on “Service” -> “Refund” -> Click on “Refund Pre- fill Application Form”.
  • The Pre- fill Application Form will be displayed.

What details are captured in Refund Pre- Application Form?

The following details are captured in Refund Pre- Application Form:

  • Nature of Business
  • Date of Issue of IEC (only for exporters)
  • Aadhaar Number of Primary Authorized Signatory
  • Value of Exports made in the Financial Year 2019- 2020 (till date) (only for Exporter).
  • Income tax paid in Financial Year 2018-2019.
  • Advance tax paid in Financial year 2019-2020 (till date).
  • Capital Expenditure and investment made in Financial Year 2018-2019.

Is Refund Pre- Application Form can be revised?

No, Once the taxpayer has submitted the Refund Pre- Application Form then it cannot be edited, revised or re- submitted again.

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