GST Refund (Form RFD-01)
GST refunds are money the government owes back to you — but only if you claim them correctly and within the deadline. Exporters accumulate unusable input tax credit; manufacturers build up credit under an inverted duty structure; and businesses often leave excess cash in the ledger.
Refund claims are document-heavy and easy to get wrong, and the two-year clock keeps ticking.
Key features and requirements
- Exports — with IGST (claimed back) or without IGST under an LUT (accumulated ITC)
- Supplies to SEZ units/developers
- Inverted duty structure (inputs taxed higher than outputs)
- Excess balance in the electronic cash ledger, or excess/wrong payment
- Filed in Form RFD-01 within two years of the “relevant date”
- Up to 90% of a zero-rated claim can be sanctioned provisionally within 7 days
How TaxSastra handles this
We identify every refund you're entitled to, compute the correct amount and relevant date, file a clean RFD-01 that pre-empts deficiency memos, and follow it through to sanction.
What’s included
- Identifying eligible refund claims
- Export / LUT accumulated-ITC refunds
- Inverted duty structure refunds
- Excess cash ledger refunds
- RFD-01 filing and reconciliation
- Follow-up to sanction, including delay interest