Tag: GST Refund Process

GST Software
Updated on December 22nd, 2018 in GST

Procedure to Resolve Cases of Wrong GST Paid

This article explains procedure to be followed when wrong tax is paid by registered taxable person. Like IGST paid instead of CGST/SGST or vice versa. The procedure is very simple, but first its necessary to understand what mistake there can be. There can be two types of ¬†mistakes:- Inter-state Supply treated as Intra-state Supply:- IGST…

Updated on February 16th, 2019 in GST

GST Payments and Refunds

Normally As soon as, you are done with GSTR-1 and GSTR-2, GSTR-3 asks you to proceed for GST payments. But upto 31-03-2018 GST needs to be paid along with GSTR-3B Return filing. You can also claim refunds by online filing the applicable refund forms. The article takes you deeper into both the aspects and gives…

Updated on December 21st, 2018 in GST

How to claim refund of excess balance in electronic cash ledger?

Businesses have been protesting ever since the implementation of the new indirect tax reform i.e. GST. Due to the uncertainty in new tax reform, many traders had paid wrong tax amounts by mistake. This article talks about the new facility has been started by the government on its GSTN portal, under which the taxpayers who…

Updated on December 22nd, 2018 in GST

Refund Process For Exporters Under GST

This article talks about the latest developments in the refund procedure for exporters under GST regime who were suffering due to huge working capital blockages either due to payment of IGST for making exports or by way of un- utilised ITC on inputs in case the exports were effected via LUT/Bond and non-availability of the…