Compared to the old tax regime, processes under the GST regime are easy. Though it is GST Return filing process or the Refund process.
The Government has put utmost focus to make the refund process easier as compared to the previous tax regime.
Delays in refund can cause the problem for the exporters and the manufacturers to maintain their working capital and the cash flow.
The situations under which you can claim the refund are listed below:
Source: www.gstindia.com
Below procedure is to be followed to claim the refund of your GST Tax or ITC:
All the refund applications will be uploaded electronically, the process of verification and scrutinization of the refund will be faster.
Thus, resulting in faster payments to the applicants. The applicant will also be eligible for interest if the refund applications are not processed within a stipulated time.
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