Refund of Excess Payment of Tax enabled on GST Portal

New Functionality Update: Refund of Excess Payment of  Tax enabled on GST Portal

Facility to claim Refund on account of excess payment of tax (if any) under Section 54(1) of CGST Act,2017, has been enabled on GST Portal for the taxpayers.

Extract of Section 54(1) of CGST Act, 2017

54.  Refund of tax.

(1) Any person claiming refund of any tax and interest, if any, paid on such tax or any other amount paid by him, may make an application before the expiry of two years from the relevant date in such form and manner as may be prescribed:

Provided that a registered person, claiming refund of any balance in the electronic cash ledger in accordance with the provisions of sub-section (6) of section 49, may claim such refund in the return furnished under section 39 in such manner as may be prescribed.