As per GST law, refund claims must be filed within two years from the date of payment. The provisions under Section 34 of the CGST Act, 2017, also allow for adjustments or rebates in cases such as post-sale discounts, sales returns, or when goods are returned within a prescribed time.
Timely claiming of GST refunds ensures better cash flow and working capital management for businesses. ClearTax provides complete assistance in GST refund filing, from eligibility assessment to application submission and follow-up with authorities, ensuring accurate and hassle-free processing.
