Refunds will not be allowed in cases of:-
A. Exports made on payment of tax
B. Exports made without payment of tax
C. Where tax on inputs are higher than tax on outputs
D. All of the above
Answer: Option A
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Related Questions on GST
A. Goods and Supply Tax
B. Government Sales Tax
C. Goods and Services Tax
D. General Sales Tax
In India GST became effective from
A. 1st April, 2017
B. 1st January, 2017
C. 1st July, 2017
D. 1st March, 2017
In India GST came effective from July 1st, 2017 India has chosen _______ model of dual – GST.
A. USA
B. UK
C. Canadian
D. China
E. Japan
GST is a _______ based tax on consumption of goods and services.
A. Duration
B. Destination
C. Dividend
D. Development
E. Destiny
Correct ans should be (B) and (C)
answer is wrong option can never be A
Refund is allowed in all the cases provided under option a,b,c
Answer only B
All Exports are deemed as inter-state. Only IGST is applicable on Exports.
There are some conditions laid down for successful claiming of refund of IGST paid on exports:
GSTR-3B for the month is filed
Table 6A of GSTR-1 has been filed
Details of Shipping Bill and Invoice provided in Table 6A of GSTR-1 should match
The IGST amount mentioned in GSTR-3B is equal or more than the IGST mentioned in Table 6A of GSTR-1.
As per Act, 90% of refund is processed on a provisional basis within 7 days of application for refund.
Answer may be B & C.......
Required explanation