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Friday, August 28, 2020

Single application for a GST refund for for multiple financial years Enabled on GST Portal

Single application for a GST refund for for multiple financial years Enabled on GST Portal

1st Important change on GSTN portal is:-

A registered person can file a Single refund application for multiple financial years, such facility now enabled on GST Portal.

For eg., a registered person can file an single application for a GST refund for the period 01-01-2020 to 31-07-2020 (Jan 20 to July 20) which is covering TWO different financial years. This will fulfil important demand of the industry towards simplification of processes by GSTN.

2nd Important change on GSTN portal is:-

GSTN has enabled the facility to check Bill of Entry information in respect of GST paid at the time of “Import of goods’ from Overseas and SEZ units/developers in “GSTR-2A.

Tags: GST

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The post Single application for a GST refund for for multiple financial years Enabled on GST Portal appeared first on Studycafe.



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