New Delhi, July 22 (KNN) The Ministry of Finance has updated the GSTR-3B form as the taxpayers, while filing the return in FORM GSTR-3B for a given tax period, committed errors in declaring the export of services on payment of IGST made to a SEZ unit on payment of IGST.

They showed such supplies under the column 3.1(a), outward taxable supplies instead of showing them in column 3.1(b), zero-rated supplies of FORM GSTR-3B. Such registered persons were unable to file the refund application in FORM GST RFD-01A.

It was due to the in-built validation check on the common portal which restricted the refund amount claimed to the amount mentioned under column 3.1(b) of Form GSTR-3B filed.

To give relaxation to such registered persons, it was decided that tax periods from 01 July 2017 to 31st March 2018, they shall be allowed to file the refund application in FORM GST RFD-01A.

The amount of refund claimed shall not be more than the aggregate the amount mentioned in the table under columns 3.1(a), 3.1(b) and 3.1(c) of FORM GSTR-3B filed.

Certain registered persons have committed the errors, even for tax periods after March 2018.

They are unable to claim a refund of the taxes paid on export of services or supplies made to SEZ unit for these periods. To tackle the issue, it has now been decided to extend the period of the relief, by way of the relaxed validation till 30th June 2019.

Published On : 22-07-2019

Source : Knn India