Exporters advised to file Table 6A and GSTR 3B for processing refund of IGST, ITC
New Delhi [India], Nov 29: Government of India on Wednesday seized of the issue of exporters complaining about delay in grant of refunds pertaining to Integrated Goods and Services Tax (IGST) paid on goods exported out of India and similarly Input Tax credit (ITC) on exports, a statement from Ministry of Finance read. The notification also mentioned that certain sections of the media reported an incorrect estimation of refund amounts held-up for the period from July to October and further clarified that the quantum of IGST refund claims as filed through shipping bills during the period July to October, is approximately Rs. 6,500 crore and the quantum of refund of unutilized credit on inputs or input services, as per the RFD 01A applications filed on GSTN portal, is to the tune of Rs. 30 crore. Furthermore, with regard to IGST paid on goods exported out of India, majority of refund claims for exports made in July 2017, wherever due, have been sanctioned. Refund claims of IGST paid for exports made in August, September and October 2017 are being sanctioned seamlessly wherever returns have been accurately filed. The statement also lists down the prerequisites for sanction of refund of IGST paid, which include filing of GSTR 3 B and table 6A of GSTR 1 on the GSTN portal and Shipping Bill(s) on Customs EDI System by the exporter. Moreover, the facility for filing GSTR 1 for August 2017 would also be ready by December 4. In case of wrong entries made in July, Table 9 of GSTR 1 of August month would allow amendments to GSTR 1 of July 2017. As far as refund of the unutilized Input Tax Credit on inputs or input services used in making exports is concerned, exporters shall file an application in FORM GST RFD- 01A on the Common Portal where the amount claimed as refund shall get debited from the Electronic Credit Ledger of the exporter to the extent of the claim, the notification reads. Thereafter, a proof of debit (ARN- Acknowledgement Receipt Number) shall be generated on the GSTN portal, which is to be mentioned on the print-out of the FORM GST RFD-01A and to be submitted manually to the jurisdictional officer. The exporters are advised to ensure that all the necessary documentary evidences are submitted along with the Form GST RFD 01A for timely sanction of refund as the Government has taken various measures to alleviate the difficulty and is fully committed to provide speedy disbursal of refunds due to exporters.
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