GST Updates:

‘Special Refund Fortnight‘ to facilitate clearance of GST refund applications

GST council and taxation department are organizing Special Refund Fortnight scheme for the taxpayers which will enable them to draw their refunds at a speedious and timely manner. Goverment motive behind this is to clear all the pending applications of GST refunds within a stipulated time period.

The Special Refund Fortnight is scheduled from 31.05.2018 to 16.06.2018 which will call state and centre officers to go through all the pending GST refund applications which were received on or before 30.04.2018.

The taxpayers and GST claimant should approach and raise their concern with their respective jurisdictional tax offices and be a part of this Special Refund Fortnight scheme to avail the refunds faster which they have applied on or before 30.04.2018.

Further, it is to be noticed that the refund application of the form GST RFD-01A will demand a copy of the application which is to be submitted at the jurisdictional tax office with all the supporting documents, after which the refund will be initiated.

The Special Refund Fortnight scheme is applicable to all the refunds of IGST which was paid on the exports of goods and their respective claims which were submitted in the FORM GST RFD-01A on or before 30.04.2018.