8th National GST Summit & Awards 2025

The presentation's agenda included a background on GST refunds, the types of refunds, procedural aspects of refund claims, critical issues, and input tax credit.

It began by posing questions to the audience regarding their understanding of GST refund provisions, their experience with filing GST refund applications, how frequently they filed, and whether they had received the refunds applied for.

The presentation then covered various types of GST refunds—such as refunds of GST charged on outward supplies, refunds of unutilized input tax credit (ITC), refunds related to special transactions, and other procedural refunds. For each category, specific scenarios and relevant sections under the CGST and IGST Acts were outlined.

It also explained the time limits for filing refund claims, referencing Section 54 of the CGST Act and providing applicable timelines for different types of exports and refund situations.

The refund claim process was then walked through, covering forms from GST RFD-01 to GST RFD-11, along with the prescribed timelines for processing. Key aspects such as unified processing, clubbing of tax periods, flexibility in selecting refund periodicity, electronic filing, and data upload limits were highlighted.

The presentation further addressed specific scenarios and challenges in claiming GST refunds, including refunds of ITC on exports, issues relating to place of supply, limitation periods, problems with Letters of Undertaking (LUT), refund formulas, remittance delays, disallowance of ITC on capital goods, invoices split across tax periods, GST on advances, duty demanded involuntarily, and refunds on supplies to SEZ units or developers.

Finally, it delved into the topic of input tax credit, covering essential definitions, conditions for eligibility, rules for apportionment, and types of blocked credit.