GST refund form and LUT

GST refund form and LUT

Hi-

I have 2 Questions:

1.
I have applied for Refund ( IGST paid on Export ) in online form. Which I need to take printout and need to submit offline. Unfortunately I have entered Wrong Amount in that online form. Now I can not change it anymore also I can not file new application with correct amount for same month. It is saying application for selected month already exists. Can you please tell me how to solve it .
Should I manually overwrite that correct amount in that ARN receipt printout and submit offline.

2. I have submitted LUT for FY-2018-19 online few days ago. It given me message that the form sent to proper officer online.

Do I need to submit the the copy of it offline too. What is next. GST officer needs to approve it .Can I star exporting from 1st April .

Thank you

Asked 7 years ago in GST

1.(a) Visit to the GST officer with form printout alogwith the documents. Brief him about the situation. Might be he will allow you to overwrite it manually but don't do it on your own.

(b) He will ask you to wait for some time to get the online submitted application lapsed and you will again submit the online application.

2) Submit the copy of LUT form offline along with the docs with the proper officer. Once he will issue you the LUT certificate you are eligible for export without payment of duty. LUT is issued within 3 working days.

Thanks

Vivek Kumar Arora

CA, Delhi

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Talk to Vivek Kumar Arora NOW!

Hi,

Your answers are as below:

1. Till date revision of refund application has not been introduced, however, it is possible as per law. Currently you will get refund as per the information provided in online application. However, if there is a mismatch, the same should be rejected by the authority concerned. In the otherwise scenario, it should be carried forward for the next monthly refund process.

2. Once you have submitted the online application, it is not required to furnish the same manually anymore. Rather, it can be done in online manner only. Secondly, if the same gets approved before 01 April, you may start exports without payment of GST thereon. However, if the approval of the same gets delayed due to whatever reasons, you have to export only after due payment of GST thereon.

I hope the same is clear to you now.

Regards,