Relevant Date for GST Refunds

Relevant Date for GST Refunds

When it comes to refunds in GST, the concept of relevant date plays a vital role, as the application for refund has to be made within two years of the relevant date. In this article, we look at relevant date for GST refunds in detail.

Export of Goods out of India

With regards to the export of goods out of the country, the refund is applicable for goods, inputs, or input services used in such goods. The following points describe the relevant date for export of goods:

  • Upon exporting the by ships or aircraft, the date on which the carrier leaves India, the mentioned date shall apply as a relevant date
  • Goods exported by road or rail, the date on which the carrier crosses the frontiers of the nation shall apply as a relevant date
  • Goods dispatched by post, the date of dispatch of goods through post shall apply as the relevant date.

Deemed Exports

Deemed exports refer to the supply of goods which doesn’t leave India, and the goods so received will be paid either on Indian rupees or in foreign currency.  Relevant date, in this case, will be the date of filing of returns of such transactions.

Click here to read on Time of Supply of Goods

Export of Services Out of India

With regards to services exported out of the country, where refund applies on executing these services, and the inputs or input services used in such services, the relevant date shall apply as:

  • The date of receipt of payment in convertible foreign exchange. The service must be completed before the receipt of payment.
  • The date of issue of invoice, if the payment had been made in advance.

Authoritarian Judgment or Order

Pre-deposits done before appealing to the proper authorities are refundable, subject to conditions. The relevant date for the same will be the date of decree or order communicated by the Appellate authority, tribunal, or any court.

Refund of Unutilized Input Tax Credit

In case of a refund of unutilized input tax credit, the relevant date is said to be the end of the financial year, during which the need for refund occurs.

Reverse Charge

If a person is liable to pay taxes on reverse charge, the relevant date would be the date of receipt of goods or services.

Other Cases

In a few other cases, the date of payment of tax would be the relevant date.

Click here for Temporary GST Registration, GST for Non-Resident Taxable Persons.

Other Related Guides

GSTR3B Due Date for April 2018 GSTR3B Due Date for April 2018 The GSTR3B due date for April, 2018 has been extended upto 22 May, 2018. Normally, the GST3B returns are due on the 20...
Manual Filing and Processing of GST Refund Claims Manual Filing and Processing of GST Refund Claims In order to speed up GST refund processing, the Government has introduced manual filing and process...
GST Refund for Tourists Visiting India GST Refund for Tourists Visiting India Many countries such as Canada, Australia, New Zealand and others implemented GST and offers GST refund for tou...
GST Refund Claim GST Refund Claim - By Order Prior to understanding the procedure to claim a GST refund, first of all, let us know the flow of activity and applicabil...
Deferred Payment of GST Deferred Payment of GST The GST Act facilitates the taxpayers to make deferred payments and to make payments in instalments. An application for this ...

Post by Sreeram Viswanath

IndiaFilings is India's largest online compliance services platform dedicated to helping people start and grow their business, at an affordable cost. We were started in 2014 with the mission of making it easier for Entrepreneurs to start their business. We have since helped start and operate tens of thousands of businesses by offering a range of business services. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing.