GST Refund Beneficial amendments relating to withdrawal of refund application & Procedures

GST Refund Beneficial amendments relating to withdrawal of refund application & Procedures

Refer Notification No. 15 /2021–Central Tax

Insertion of Rule 90(5) and 90(6) of CGST Rules

• The facility to withdraw the Refund application has been made available in certain cases.
• The Application can be made in GST RFD-01W

Change in Rule 90(3) of CGST Rules

TIME TAKEN FOR COMMUNICATION OF DEFICIENCY EXCLUDED FOR CALCULATION OF THE LIMITATION PERIOD

• Time period from the date of filing GST refund application (GST RFD-01) till the date of issuance of deficiency memo (GST RFD-03), shall now be excluded while computing the limitation period of 2 years when a fresh refund application is filed after removal of the deficiency.

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