GST Refund in case of Inverted Duty Structure

GST Refund in case of Inverted Duty Structure

What is Inverted Duty Structure? Inverted Duty Structure is a scenario where the tax rate on inputs used is higher than the tax rate on outward supplies. In simple terms, GST paid on inputs purchased is more than GST payable on outward sales. This results in the...
How to Claim GST Refund Sanctioned, but Not Received?

How to Claim GST Refund Sanctioned, but Not Received?

Are you struggling with your GST refund? You filled appeal and it got rejected? Did ever your filled FORM GST RFD-01 for a refund claim got rejected or might have been sanctioned but the amount has not been received? Now firstly let us understand the following...
Cancellation of GST registration Explained by MyGSTRefund

Cancellation of GST registration Explained by MyGSTRefund

What do you mean by the cancellation of GST registration?  Cancellation of GST registration signifies that the taxpayer will no longer be registered under GST once the GST registration is cancelled. In other words, a registered person under GST cannot pay/collect any...
GST Refund for Tourists Visiting India

GST Refund for Tourists Visiting India

Many countries such as Canada, Australia, New Zealand, and others implemented GST and offer GST refunds for tourists visiting their countries. Similarly, in India, the GST Act provides options to avail GST refunds for foreign tourists visiting India. The refund...