Exporters can claim refund for GST paid in Aug, Sept
Exporters can soon start claiming refunds for goods and services tax (GST) paid in August and September as GST Network(GSTN) will launchan online app for processing of refund this week, said its Chief Executive Officer Prakash Kumar. The GSTN, the company handling tech infra for the indirect tax regime, has from October 10 started issuing refunds to exporters for integrated GST(IGST) they paid forJuly, after matching GSTR 3 Band GSTR 1. For August and September, while the initial return GSTR 3Bhas already been filed, the final return GSTR1 has not yet been filed.“A separate online app for claiming IGST refunds for August and September would be made available on the GSTN portal this week,” saidKumar.
The GSTN has developed the app where in exporters can save and upload their sales data, which a repart of GSTR1after filling up export details n Table6A.The table will be the next racted separately and after exporters digitally sign it, it would automatically go to the Customs department.
The Business Standard, New Delhi, 24th October 2017