GST Refund Beneficial amendments relating to withdrawal of refund application & Procedures
GST Refund Beneficial amendments relating to withdrawal of refund application & Procedures Refer Notification No. 15 /2021–Central Tax Insertion …
Reetu
May 26, 2021Table of Contents
GST Refund Beneficial amendments relating to withdrawal of refund application & Procedures
Refer Notification No. 15 /2021–Central Tax
https://www.youtube.com/watch?v=XkWppEsabpo&t=29s
Insertion of Rule 90(5) and 90(6) of CGST Rules
- The facility to withdraw the Refund application has been made available in certain cases.
- The Application can be made in GST RFD-01W
https://www.youtube.com/watch?v=XkWppEsabpo&t=29s
Change in Rule 90(3) of CGST Rules
TIME TAKEN FOR COMMUNICATION OF DEFICIENCY EXCLUDED FOR CALCULATION OF THE LIMITATION PERIOD- Time period from the date of filing GST refund application (GST RFD-01) till the date of issuance of deficiency memo (GST RFD-03), shall now be excluded while computing the limitation period of 2 years when a fresh refund application is filed after removal of the deficiency.
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Reetu
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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
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Delhi, Delhi, India
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