The pre-requisite behind refund in Indirect Taxes is the applicability of doctrine of unjust enrichment which
holds good even in the GST regime. The refunds in GST are mainly related to: refund of tax paid on exports, refund of accumulated credit, zero rated, inverted duty structure and refund of wrongly paid tax on fulfillment of certain conditions.
Considering its paramount importance Indirect Taxes Committee of ICAI has come out with this E-publication on “Refunds under GST”. This is a guide wherein the provisions of GST related to refund have been dealt with. The various Export incentive schemes are also discussed in detail, which would help the readers in understanding various aspects of export transaction with respect to GST. Surely this guide will be a useful resource material for industry/ professionals as well as revenue officers.
To download, E- Publication on Refunds under GST
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