GST Advisory on Deemed Export recipient refund filing process
GSTN has made the following changes in the Deemed Export recipient refund filing process. As per Old system, a Refund had to be filed Period-wise, selecting from and to dates. However, taxpayers can now file invoice based refunds without selecting a tax period. all the relevant returns of GSTR-1 and GSTR-3B must be filed up to date of filing refund application.
Amount Eligible for Refund:
| Column | Description |
| Balance in ECL | Auto-populated from your Electronic Credit Leger showing available balance under each head (IGST, CGST, SGST) |
| Net ITC (as per invoices) | Auto-calculated based on invoices uploaded in Statement 5B, showing eligible ITC per head. |
| Refund as per the invoices | Shows total refund claim (editable downwards if needed) based on the invoices uploaded |
| Eligible refund amount | Auto-calculated maximum eligible refund as per Circular No 125/44/2019-GST. |
| Not Eligible (insufficient balance) | Shows refund amount not allowed due to lack of sufficient balance in ECL. |
The system will now optimise refund amounts across all tax heads i.e even if one head lacks sufficient balance, the system will try to utilise the balance from others to maximise refund eligibility.
