Online Application,APP for tax refunds for exporters

NewDelhi Oct 24: In a bid to ease the process of obtaining a refund under the GST tax system an online application would be launched soon.GST Network CEO Prakash Kumar stated on Monday that "the portal will launch an online application for processing exporters refunds for Integrated GST (IGST) paid by them for August and September".

He added that a separate online app for the purpose is set to be launched this week.The move comes as a relief for exporters and would ensure that their refunds would be received early.

GSTN CEO has also said that "GST Network (GSTN), which handles IT infrastructure for the tax regime, has started issuing refunds from October 10 to exporters for Integrated GST (IGST) they paid for the month of July, after matching GSTR-3B and GSTR-1. For August and September, while the initial return GSTR- 3B has already been filed, the final return GSTR-1 has not yet been filed."

Finally, he added that "a separate online app for claiming Integrated GST (IGST) refunds for August and September would be made available on GSTN portal this week".