Support in Obtaining Refunds

Identifying and realising available tax benefits for business

Support in Obtaining Refunds

Overview

Under the Goods and Services Tax (GST) law, an exporter is allowed to claim refund of the accumulated Input Tax Credit (ITC) or the tax paid on the exports. In addition, refunds are also granted in various other scenarios, such as accumulation of ITC due to inverted tax structure, excess payment of tax, etc. 

While the law provides for such refunds, the process is highly procedural and driven by detailed documentation, strict timelines and system validations. Errors in data, incomplete annexures or inadequate supporting documents often result in delays, rejections or prolonged follow-ups with tax authorities, leading to cash flow pressures for businesses.

How BDO India Can Help

The process of refund under GST requires an organisation to follow various intricate steps and submit supporting information in specified annexures, declarations, and other supporting documents to the GST authorities. 

Our experts at BDO India advise businesses on the document preparation requirements for applying for GST refunds and help in the follow-up with the authorities for processing GST refund applications.

Meet Our Leaders

Gyanendra Tripathi

Gyanendra Tripathi

Partner & Leader North & West
Indirect Tax
Tax and Regulatory Services
View Bio
Karthik Mani

Karthik Mani

Partner & Leader (South)
Indirect Tax
Tax and Regulatory Services
View Bio

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