REFUND UNDER GST
(1) “refund” includes
a. refund of tax paid on zero-rated supplies of goods or services or both on inputs or
b. Input services used in making such zero-rated supplies, or
c. refund of tax on the supply of goods regarded as deemed exports, or
d. refund of unutilised input tax credit as provided under sub-section (3) (the credit has accumulated on account of rate of tax on inputs being Higher than the rate of tax on output supplies (other than nil rated or fully exempt supplies), except supplies of goods or services or both as may be notified by the Government on the recommendations of the Council:
(e) refund of tax paid on a supply which is not provided, either wholly or partially, and for which invoice has not been issued, or where a refund voucher has been issued;
(f) refund of tax in pursuance of section 77;
(G) the tax and interest, if any, or any other amount paid by the applicant, if he had not passed on the incidence of such tax and interest to any other person; or
(h) the tax or interest borne by such other class of applicants as the Government may, on the recommendations of the Council, by notification, specify.
Note:- It can be concluded after plain reading of section GST refund is not available to the persons who has paid tax on purchase of Input Supplies and output supplies are exempt.
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