Special Refund Drive by CBIC for Pending GST Refund

As we all aware that CBIC (Central Board of Indirect Taxes) earlier it was known as CBEC has organized a special refund Fortnight from 31.05.2018 to 14.06.2018 under their initiative of Ease of Doing Business. In this special refund drive they emphasize on two points.

  1.  The Refund claim needs to be filled only with one tax authority. No need to file separately with centre and state for refund of CGST and SGST respectively: - It means we need to file single claim for both state and centre GST on common portal, no need to file separate claims.

2.    It is not enough to file Form GST-RFD-01A on the common portal. Your refund will not be processed until you submit a printout of the form to the jurisdictional tax office- It means we need to visit our local tax authority to submit our claim of refund with supporting documents.

This is second phase of refund drive and govt. is focused to clear GST refund application received on or before 30^th April 2018 for fast track clearance.

A statement has been come from finance ministry that Refund of Rs.14000 crore are pending contrary to the statement of FIEO president Ganesh Gupta’s  RS. 20000 crores estimate.

The First phase of refund fortnight was organized between March 15^th   to March 30^th and CBIC cleared refunds totaling Rs. 17616 crore.

SPECIAL REFUND DRIVE-CBIC PAMPHLET