Saturday, April 15, 2017

what is refund under gst

What is refund? 
Ans. Refund has been discussed in section 38 of the MGL (Model GST Law  “Refund” includes refund of tax on goods and/or services exported out of India or on inputs or input services used in the goods and/or services which are exported out of India, or refund of tax on the supply of goods regarded as deemed exports, or refund of unutilized input tax credit as provided under section 38(2).

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