Hi
1. It would be in INR.
2. The officer may issue provisional refund, as per the law. If the officer has issued entire refund, there is no wrong. Moreover, if you have received entire refund, why would you need to take any action?
Question on GST refund
1> in GST Statement-3 Excel utility ( Refund application ) there is a new field "BRC/ FIRC Value " Do I need to set INR value mentioned in FIRC in that field ? ( means received INR in bank account ) 2> GST officer without giving Provision refund , directly refunded whole amount . but as per law Provisional payment is must. ( accumulated ITC against export without TAX ) How can I take action ? Thank you
Asked 4 years ago in GST
Provisional refund is must for zero rated supply + SEZ supply. within 7 days. Rules for Provisional Refund are made because the entire refund process takes quite a long time to complete. Meanwhile, exporter or genuine claimant can face working capital shortfalls due to refunds getting delayed. Officer took long time to give me refund. I am seeking Interest / fine from department for not paying Provisional refund as I lose money .
Asked 4 years ago
That could be one of the arguments. But not a strong one.
You may raise arguments considering the limits specified for issuing acknowledgement and refund order in RFD 02 and RFD 06 respectively.
Hi
1. Yes you file amount in INR.
2. As per my understanding there won't be any problem in this case.
Hi
Please have a phone consultation for a detailed discussion.
Dear Sir,
Hope you are doing well !!
1. Yes, it would be in INR.
2.Why you want to take action?
It is advisable to take a phone consultation for detailed discussion.
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