Refund Application

Refund Application

Preparing the JSON for your Inverted Duty Structure Refund Application is the hardest part of the process. GSTZen can now make it easier for you. You may now prepare the JSON using GSTZen’s Refund Application. For creating refund application through GSTZen, refer to the following steps.

Select the GSTIN for which you need to file the refund from your GSTZen Dashboard, and then select Refund Applications.

Click on create new Refund Application

New Refund Application

Select the Refund Application Start and End Period. Select the date of application and save the application.

Download the GSTR 1 and GSTR 2A/2B / GSTR3B for the start to end period of the Refund Application

Our software considers GSTR-2A for ITC invoices dated Jun 30, 2020 and earlier and GSTR-2B for ITC invoices dated Jul 1, 2020 and later.

For detailed instructions on downloading the reports, please refer to the following articles: Download GSTR 1 through GSTZen, Download GSTR 2A through GSTZen, Download GSTR 2B through GSTZen

Steps to Prepare an Inverted Duty Structure

Step 0– Upload the purchase register

Note:

  • If you have already uploaded purchase register for this particular period, without HSN, please delete and reupload with HSN for Annexure B.
  • Please make sure you upload the Purchase register data with HSN and eligibility for generating Annexure B in Step 0.

For detailed instructions of uploading purchase register please refer to the following articles: https://gstzen.in/reconciliation/gstr-2a-b-reco/upload-your-purchase-register-gstr-2b-reconciliation.html

Step 1 : Download the portal invoice excel

Choose invoices for addition in the Refund Application. Provide Y or N in column B of the GSTR-1, GSTR-2A|2B and Purchase Invoices sheets in the Excel. Click on the GSTZen menu in the Excel and upload the details to GSTZen.

Step 2 : Details of B2C Sales under Inverted Duty Structure

In this section, enter the details of B2C sales that are eligible for a refund under the Inverted Duty Structure. Provide the applicable sales and tax details for the relevant period and ensure that the values entered match the records reported in your GST returns.

STEP 3 – Review GSTZen Summary

Review the summary calculated by GSTZen to verify that all the details and refund amounts are accurate. If any changes have been made to the details, click “Calculate Again” to refresh the summary.

Upload the JSON in the GST Portal for claiming refund.