GST ITC Refund

The GST Law provides for two options to the suppliers of zero rated supplies either to export under bond or LUT and claim refund of unutilised ITC or to export with payment of tax and then claim refund of such tax paid

GST refund is a process in which, registered taxpayers can claim excess amount if they paid more than the GST liability. They can claim after submitting a refund application with the necessary details .