GST RFD-01 and RFD-01A are the forms you can use to apply for a refund when the amount of your GST refund due exceeds Rs 1,000. Timely application for a GST refund is important to ensure that the working capital of your business is not tied up in the refund process.
Read this guide by H&R Block to know what is GST RFD-01/ RFD-01A, who should file it and when, what is the format of it and what you must do after filing it.
GST RFD-01 is the application form for the online processing of your GST refund. You must file this form electronically on the GST portal.
GST RFD-01A is a temporary version of the form RFD-01 for the manual filing and processing of your GST refund. The government has introduced this version because the refund module on the common portal is not available currently.
Types of Refund Applicable
You can submit form RFD-01/01A to claim a refund for the tax, interest, penalty, fees or any other amount. The following is a list of some of the situations in which RFD-01/01A is applicable:
SIDE NOTE: You do not need to file form RFD-01/01A in the case of a refund for IGST paid on the export of goods, as your shipping bill is considered as the refund application.
It is important to know who can file form GST RFD-01A to claim a refund in the following different cases:
You must claim your GST refund within two years from the “relevant date”. Refer to the following table to know the meaning of “relevant date” in different cases:
|Export of goods (no separate application is required as shipping bill is considered for refund claim)||When ship/aircraft leaves India/goods pass the frontier/goods dispatched by post office|
|Deemed export||When return of the export is filed|
|Recipient of goods/services||Date of receipt of goods/services|
|Export of services||1. Receipt of CFE if supply of service is completed before the receipt of payment
2. Issue of invoice if payment is received before the invoice date
|Because of legal judgement||Date of communication of the judgement order|
|Unutilised ITC||End of financial year in which the refund arises|
|Provisional payment of tax||Tax adjustment date after final assessment|
|Others||Date of tax payment|
The refund application form consists of the following four parts:
Once you file GST RFD-01/ 01A, you will receive an acknowledgement in form GST RFD-02 on the common portal within 15 days from the day you file the refund application.
In case there is anything missing in your application, your officer will communicate the details to you in GST RFD-03.
Once all the documents are confirmed and your application is deemed “complete”, your provisional refund, as mentioned in RFD-04, will be granted within 7 days. The final order, as mentioned in RFD-05 will be issued within 60 days from the date of your refund application.
A. To claim a refund on the excess balance in your electronic cash ledger, you must pay all your dues related to your return for the concerned tax period.
A. You will receive the details of your GST officer in your RFD-02.
Knowing about GST RFD-01/01A is an important part of claiming your GST refund. However, it is also essential for you to understand the complete GST refund process to file a GST refund claim accurately, and on time.
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