How many days does it take to get refund of excess ITC paid?

How many days does it take to get refund of excess ITC paid

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1 Answer(s)

A person claiming a refund is required to file an application within two years from the “relevant date” as given in the explanation to section 54 of the CGST/SGST Act.

The refund must be approved within 60 days from the date of receipt of a complete application. If a refund is not approved within the stated period of 60 days, interest at the rate notified must be paid in conformity with section 56 of the CGST/SGST Act.

Answered on February 15, 2019.
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Gen GST