How to check your GST refund status and know common reasons for delays

Business and Finance Business and Finance

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How to check your GST refund status and know common reasons for delays

^{Published on 2024-12-06 06:30:49 - Business Standard}

One major cause of delay is incomplete documentation. Missing or incorrect information, such as mismatched invoices or inadequate export declarations, can slow down the process. Another common issue is discrepancies between the details in your GST returns (e.g., GSTR-1, GSTR-3B) and the refund claim.

The article from Business Standard discusses how to check the status of GST refunds and outlines common reasons for delays in processing these refunds. To check the status, taxpayers can log into the GST portal, navigate to the 'Services' section, select 'Refunds', and then click on 'Track Application Status' where they can enter their Application Reference Number (ARN) to view the current status. Common reasons for delays include discrepancies in the data submitted, incomplete or incorrect documentation, issues with bank account details, pending investigations or audits, and technical glitches on the GST portal. The article also advises taxpayers to ensure all information is accurate and complete before filing to avoid delays, and to promptly respond to any queries or notices from the tax authorities to expedite the refund process.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/finance/personal-finance/how-to-check-your-gst-refund-status-and-know-common-reasons-for-delays-124120600800_1.html ]

N@N

How to check your GST refund status and know common reasons for delays