What is GST Refund?

• There are many cases where refund can be claimed. GST refund is a process When the GST paid is more than the GST liability by a registered taxpayer. we can claim GST refund after submit the refund application with GST portal.

• Why do you need GST Refund?

• GST Refund is required because company’s/ Assesses money get involved due to paying excess input tax more than GST liability. Cash flow also increases when we get GST refund.

• Documents for GST Refund

• 1.) GSTR 1 with table 6A.

• 2.) GSTR 03 B

• 3.) Copy of All Purchase Bills

• 4.) Copy of All Sales Invoices and Export Invoices

• 5.) Copy of Packing List (Item Details)

• 6.) Copy of Shipping Bills

• 7.) Copy of Bill of Lading/Airway Bill

• 8.) Copy of EBRC/FIRC

• 9.) LUT (Letter of Undertaking)

• 10.) Bank Statement

• 11.)Undertaking/Indemnity Bond to the effect that the dealer will refund the amount if paid in excess.

• 12.)CA Certificate if GST refund more than 2 Lakhs.

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