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Form rfd-01 application - when & where

Jayant (Accounts) (191 Points)

18 September 2017

When and where can we apply in Form RFD-01 for refund of ITC taken during month July and August 2017?

Client is having only Export transactions during July & August with accumulated ITC taken on its purchases, Customs agent charges, local goods transportation by courier mode and insurance premium.

GST portal has still not enabled online submission of FORM RFD-01. Any expert, please suggest.

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16 Replies

M Agarwal (Consultant) (228 Points)
Replied 18 September 2017

I asked support helpline, they said Refund options will be available shortly. Please check news and updates on GST Portal for further information.

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Jayant (Accounts) (191 Points)
Replied 18 September 2017

Can we apply for ITC Refund claim when for GSTR-3B (for July and August) and GSTR-1 are only filed with portal. GSTR-2 (for July) can only be filed after 10th October when due date for GSTR-1 for july ends. GSTR-2 details for July shall not be auto-populated before 10th October.

I guess, we only need to file physically with supporting documents proof.

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 18 September 2017

No....

You can claim after filing GSTR 3...

Jayant (Accounts) (191 Points)
Replied 18 September 2017

Thanks for your opinion. I guessed so. 10th November being the last date for filing GSTR-3 July return, we can not apply for Refund of IRC in RFD-01.

Money remains stuck in Givernment coffers for 5 months !!!

Jayant (Accounts) (191 Points)
Replied 18 September 2017

Thanks for your opinion. I guessed so. 10th November being the last date for filing GSTR-3 July return, we can not apply for Refund of ITC in RFD-01.

Money remains stuck in Givernment coffers for 5 months !!!

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 18 September 2017

Why you wait on Nov -10th....?

They give deadline for Nov-10th.... Why you stand on...

I'm not waiting for Nov-10th...!!!

Jayant (Accounts) (191 Points)
Replied 18 September 2017

ohhh. Do GST local office accept physical application in RFD-01? If yes. then We shall ask client to submit application at once.

Have you submitted RFD-01 application?

M Agarwal (Consultant) (228 Points)
Replied 18 September 2017

Doesn't bond/LUT sound more reasonable than taking refund method?

So, will you get interest on the refund, as it is later than 7 days?

Jayant (Accounts) (191 Points)
Replied 18 September 2017

Bond/LUT is only for input Tax on Export sales, while ITC is input Taxes paid on purchases and services.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 18 September 2017

Originally posted by : Jayant
	ohhh. Do GST local office accept physical application in RFD-01? If yes. then We shall ask client to submit application at once. Have you submitted RFD-01 application?

In my opinion,

You ll move it once to local office...

They can reply you exactly solution...

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 18 September 2017

Originally posted by : Jayant
	Bond/LUT is only for input Tax on Export sales, while ITC is input Taxes paid on purchases and services.

First of You ll be file your GSTR 2 and 3...

After complete the Return Process then you ll move it Firstly Offline then Online...

Jayant (Accounts) (191 Points)
Replied 18 September 2017

Originally posted by : RAJA P M
	Originally posted by : Jayant ohhh. Do GST local office accept physical application in RFD-01? If yes. then We shall ask client to submit application at once. Have you submitted RFD-01 application? In my opinion, You ll move it once to local office... They can reply you exactly solution...

Thanks for suggestion. It is definitely more pragmatic to check with local office. We will give it a go !!!!

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 18 September 2017

Originally posted by : Jayant
	Originally posted by : RAJA P M Originally posted by : Jayant ohhh. Do GST local office accept physical application in RFD-01? If yes. then We shall ask client to submit application at once. Have you submitted RFD-01 application? In my opinion, You ll move it once to local office... They can reply you exactly solution... Thanks for suggestion. It is definitely more pragmatic to check with local office. We will give it a go !!!!