GST Refund Stuck? New Rule Cuts 15 Days to 10 🚨
Автор: CA Ishant Juneja
Загружено: 2026-11-05
Просмотров: 472
Описание:
Your working capital has been stuck in GST refunds for months? The rules changed on 1 November 2026.
3 changes every business owner must know:
1. The time limit for the department to acknowledge your refund claim has come down from 15 days to 10 days. If it is not acknowledged in 10 days, it is deemed acknowledged.
2. The portal evaluates risk and processes the refund within 3 working days of acknowledgement, without an officer revalidating it.
3. The inverted duty formula now includes input services and capital goods, with provisional refunds of up to 90% for zero-rated and multi-supply categories.
Refund stuck for months? Speak to your CA today.
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#Shorts #GST #GSTRefund #GSTUpdate #BusinessIndia #WorkingCapital #taxupdate
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