GST Refund

GST is all about bringing a smooth flow of funds and compliances for ease of doing business in India. To facilitate such a steady stream, the Government must provide for a hassle-free refund processing system. The prevailing tax structure is cumbersome, and it takes months and seldom years to get refunds from the Government.

GST provides for an efficient and dynamic invoice based tracking system, validating every transaction, ensuring systematic checking of the same. It comes out to be a massive relief for the manufacturers and exporters, especially those in a 100% Export Oriented Units or Special Economic Zones, whose working capital gets blocked in dealing with the time-consuming process of refunds.

GST refund services at PLT Consultant

PLT Consultant is the best GST refund consultant in Delhi that can assist you in following:

  • Filing application of refunds

  • Preparation of complete documentation for refund process

  • Preparation of declaration of non-passing of incidence of tax to any other person

  • All required certifications by a Chartered Accountant

  • Representation before the department on behalf of clients

  • Regular follow-ups with the department for getting refunds at the earliest

  • Any consultancy related to refunds

Refund of Input Tax Credit

1. Export of goods or services under LUT/Bond, without the payment of GST
2. Supply of goods or services to SEZ units and developers under LUT/Bond, without the payment of GST
3. Refund of accumulated credit of input tax due to inverted duty structure, i.e. when input tax rate is higher than output tax

Refund of IGST on Zero-Rated Supply

1. Export of goods or services on payment of GST
2. Supply of goods or services to SEZ units and developers on payment of GST

Refund under 'deemed export scheme.

1. Deemed Exports (refund available to both supplier and recipient)

Refund to UIN Holders

1. Refund of input taxes on purchase made by UN Agencies, embassies etc.
2. Refund to CSD canteens

Refund to International Tourists

1. Refunds to International tourists of tax paid on goods procured in India and brought abroad at the time of exit from India.

 

 

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