GST Refund in Chennai

The exporters can able to have GST claim (i.e) the refund of the IGST which has been paid at the time of IGST. The GST refund process for the export begins by taking the reference to the primary document called the shipping bill. Hence the shipping bill and the documents related to the export should be filed in ICEGATE. The GST refund process begins in form GSTR-1. The GST refund process for the purpose of the export requires GSTR 3B. In the case of the export bill along with the payment of the tax, it does not require the separate refund application. The details entered in the Form GSTR-1 will have the match with the details of the shipping bill that was attached to the ICEGATE.

The ICEGATE will then do the refund process and they will credit the same in the bank account as mentioned by the taxpayer. In the export process without the payment of GST, it involves a different documentation. It can be done under the letter of undertaking. The GST refund process in Chennai of the exports under the new GST returns will begin with ANX-1. All the dealers who have registered for the GST can get the claim refunds in this case. A registered dealer who is about to pay the tax as per RCM can also file the refund. Also commerce operators who is supposed to pay and collect the tax collected at Source can also claim for the refund.

After starting the payment, GST refund can be claimed within 2 years from the relevant date. The relevant date is different from the date when the return has been claimed. In case of delay in the return of refund, then they will return the amount along with 24 percent on the same.