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In such cases, the government is required to pay you an interest of 24% per annum on your refund amount for each day of delay.
Yes, in some instances CA certificates are required while applying for a refund under GST law.
You will always get all your GST refund in your Bank account to maintain transparency.
A Letter of Undertaking (LUT) or Export bond is a document that exporters can file to export goods or services without having to pay taxes. LUT can be filled online
When your purchases are taxed at a higher rate compared to your sales, then it is evident that you will always have more ITC to cover your output. In such cases, you can claim a refund of your Excess ITC.
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