Government issues clarification on delay in grant of refunds pertaining to IGST paid on exported goods and similarly ITC on exports. According to Govt., errors by exporters while filing their returns such as incorrect shipping bill number in GSTR-1, mismatch of invoice number and IGST amount paid, and wrong bank account are the main reasons for delay in grant of refunds, or rejection thereof. The onus is on exporters to fill in all details accurately and therefore, must take due precaution to ensure that no errors come in during filing of Table 6A of GSTR-1 of August 2017 and onwards. Further, facility for filing GSTR-1 for August 2017 would be ready by December 4 whereby in case of wrong entries made in July, Table 9 of GSTR-1 of August would allow amendments to GSTR-1 of July. As far refund of unutilized ITC is concerned, Govt. states that proof of debit of Electronic Credit Ledger of exporter to the extent of claim, must be mentioned on the print-out of Form GST RFD-01A and has to be submitted manually to jurisdictional officer along with all necessary documentary evidences for timely sanction of refund.

Exporters are, therefore, advised to immediately file (a) Table 6A and GSTR 3B, if not already done, for processing of IGST refund (b) RFD-01A on GSTN portal for refund of the unutilized input tax credit on inputs or input services used in making exports and (c) GSTR-1 for August 2017 for amending details provided in July GSTR-1 wherever required.

For detailed information please refer “Press Release issued by Finance Ministry on 29th November 2017”– Click here