The objective of the GST system’s refund provisions is to harmonise and standardise the processes involved in filing returns. Businesses or individuals must file a refund claim using the appropriate forms, such as Form GST RFD-01, along with supporting documentation in order to be eligible for...
If the GST authorities have denied you the right to claim Input Tax Credit, our appeal services can assist you in challenging this decision. We will examine the reasons for the denial & develop a compelling case to support your ITC claim. Our expert team will maximize your tax credits Book...
Time limit to Claim Input Tax Credit Under GST The time limit to claim Input Tax Credit (ITC) is 30th November of every financial year. Failing to claim ITC within this period will result in the credit lapsing. Documents Required to Claim Input Tax Credit (ITC) Tax invoiceissued by the ...
Yes, supporting documents for claiming GST refund or Interest on GST also need to be filed along with application for refund of CGST, SGST, IGST or GST interest. When is the last time limit to claim GST refund claim? Explain the time limit for refund of GST paid in India? The time lim...
decision of the Commissioner disallowing a claim for input tax credits for the quarterly tax periods between 1 July 2012 and 31 March 2017 on the basis that the business activity statements (BAS) for those tax periods were lodged outside of the four year time limit in s 93-5 of the GST...
How to Pay GST Online: Rules, Process, & Time Limit Read More→ GST Payment: Due Dates, Late Fees & Interest Read More→ GST on Interest on Delayed Payment by Customer Read More→ How to Claim Tax Refund under GST Read More→
Apart from this, we covered articles related to filing annual return – Issues Faced while Filing GSTR 9 and GSTR 9C and also, Changes in ITC Claim for GSTR 9. A few other articles we published in December 2022: Show Cause Notice Under GST: How to Handle Show Cause Notices? Second Am...
IRIS GST has helped businesses like L&T, Bajaj, Thermax and Forbes meet their GST compliance efficiently and effectively with no missed due dates and 100 % ITC claim. Please feel free to revert with any queries regarding GST litigation and departmental audits. Our team of experts can certainly ...
Introduction ofsection 74A, which imposes a time limit on the filing of claim notices without regard to allegations of fraud or misrepresentation. The amendments toSections 73 and 74provide specific deadlines for demand reporting for periods through FY 2023-24. ...
RFD-08: This SCN is on your claim for GST refund itself established through this(say) SCN. ADT-01: The Directorate of Anti-profiteering issues this enquiry notice to check if you've transferred any benefits under the reduced GST rates to your customers. DRC-01, DRC-10: Recovery and Deman...