{"id":25312,"date":"2019-10-04T18:38:30","date_gmt":"2019-10-04T13:08:30","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=25312"},"modified":"2019-11-04T14:23:55","modified_gmt":"2019-11-04T08:53:55","slug":"gst-portal-upgraded-starts-online-refund-processing","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/gst-portal-upgraded-starts-online-refund-processing\/","title":{"rendered":"GST Portal Upgraded: Starts Online Refund Processing"},"content":{"rendered":"<p class=\"has-drop-cap\">In order to create a flawless experience for both taxpayers and tax officers, a new online refund process on the GST Portal has been started by the GST council.<\/p>\n\n\n\n<p>With the implementation of online refund functionality, taxpayers will now be able to file refund application effortlessly and tax authorities can process the same online, this is what GST network said. The online refund process has been effective on GST portal from September 25, 2019.<\/p>\n\n\n\n<p>Also Read: <a href=\"https:\/\/enterslice.com\/learning\/gst-in-india-goods-and-service-tax\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"GST in India: Comparison with other Countries (opens in a new tab)\">GST in India: Comparison with other Countries<\/a><\/p>\n\n\n\n<p>Earlier one tax authority used to be responsible for\nrefund processing for both Central and State GST, but the payment was done separately\nby the <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Accounting&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Accounting is the language of business, serving as the backbone of financial management and decision-making. It involves the systematic recording, analysis, and reporting of financial(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/accounting\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>accounting<\/a> authorities of tax departments. This was leading to a delay\non account of sharing of sanction order with the counterparty accounting\nauthority through that tax authority.<\/p>\n\n\n\n<p>The new system has minimized the delay which used to\nhappen earlier and after the processing is completed by the tax officer, the\nsanctioned amount will get credited to the bank account of the Taxpayer through\nPublic Financial Management System (PFMS).<\/p>\n\n\n\n<p><\/p><div class=\"shadow2\">GST Network CEO Mr.Prakash Kumar said: &ldquo;This will boost the disbursement speed of refunds and further improve the GST compliance. Taxpayers can view the various stages of processing of their refund application on the GST portal and can give replies to notice, if any, on the GST portal now&rdquo;. <\/div>\n\n\n\n<p>Taxpayers now will be provided with information at all the important stages of processing of their refund application through SMS and Email, he said. Further he added that the payment of amount will now be done from one disbursement authority i.e. PFMS unlike the earlier method where sanction was done by one authority but payment was made by two different authorities separately.<\/p>\n\n\n\n<p>For now, all refund applications which were filed before\n26<sup>th<\/sup> September, 2019 will be processed manually as used to be done\nunder old refund process. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to create a flawless experience for both taxpayers and tax officers, a new online refund process on the GST Portal has been started by the GST council. With the implementation of online refund functionality, taxpayers will now be able to file refund application effortlessly and tax authorities can process the same online, this [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":25314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[49],"tags":[],"acf":{"service_id":"68"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GST Council Upgraded GST Portal: Starts Online Refund Processing<\/title>\n<meta name=\"description\" content=\"To create a flawless experience for both taxpayers and tax officers, a new online refund process on the GST Portal has been started by the GST council.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/gst-portal-upgraded-starts-online-refund-processing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GST Council Upgraded GST Portal: Starts Online Refund Processing\" \/>\n<meta property=\"og:description\" content=\"To create a flawless experience for both taxpayers and tax officers, a new online refund process on the GST Portal has been started by the GST council.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/gst-portal-upgraded-starts-online-refund-processing\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-04T13:08:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-04T08:53:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/10\/GST-Portal-Upgraded-Starts-Online-Refund-Processing.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Shubham Chauhan","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/10\/IMG_20191011_160437__01.jpg","authorDescription":"A passionate legal content writer, a nature enthusiast, an avid reader, and a part-time thinker. By means of conducting in-depth research on industry related topics, Shubham often builds flawless and intelligible legal content for populace from all walks of life.","postViews":472,"readingTime":2,"nextPost":{"id":25303,"slug":"how-to-change-business-entity"},"prevPost":{"id":25297,"slug":"understanding-advance-tax-and-penalty-under-advance-tax"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/10\/GST-Portal-Upgraded-Starts-Online-Refund-Processing.jpg","postTerms":"GST","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/25312"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=25312"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/25312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/25314"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=25312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=25312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=25312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}