09 April 2022
We have some amount of Rupees in Personal ledger account which are laying un utilized since June 2017 July 2017 GST rules applied. Balance in account current excess of excise duties paid 30/06/2017.These un utilized balance we can claimed? Online we filed in year 2019 but till date payment not effected. Now they telling me to file offline. Shall we entitle to get refund of the same.
06 July 2024
If you have unutilized input tax credit (ITC) or excess balance in your Personal Ledger Account (PLA) since June or July 2017 under the GST regime, here are the steps and considerations for claiming a refund:
1. **Eligibility for Refund:** - You can claim a refund of unutilized ITC under GST if: - The credit has accumulated due to zero-rated supplies or inverted tax structure. - You are an exporter or have exported goods/services. - Accumulation is due to the claim of refund on account of assessment or provisional assessment. - Any other circumstance as notified by the government.
2. **Filing Process:** - Since you mentioned filing online in 2019 but not receiving payment, and now being advised to file offline, you should follow the procedure for filing a refund claim offline. - Prepare Form GST RFD-01A or Form GST RFD-01 as applicable, along with necessary supporting documents. - Submit the refund application along with all required documents to the jurisdictional GST officer.
3. **Documents Required:** - Invoice-wise details of inputs/services used. - Evidence of payment of taxes. - Details of exports (if applicable) and related shipping bills. - Any other documents as required by GST authorities for verification.
4. **Processing and Timeline:** - Once submitted, GST authorities will verify the application and documents. - The timeline for processing refunds can vary. Normally, refunds should be processed within 60 days from the date of receipt of the refund application. - If there are any discrepancies or additional information required, the GST officer may seek clarification.
5. **Offline Filing:** - Ensure all details are accurately filled in the offline application forms. - Submit the forms physically to the designated GST office along with all supporting documents.
Given your situation, since you have already attempted an online filing and faced delays, proceeding with offline filing as advised seems appropriate. Ensure all details and documents are in order to facilitate a smooth processing of your refund claim. If you have any specific queries or need further assistance, it might be beneficial to consult with a GST practitioner or tax advisor who can guide you through the process effectively.
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