https://irisgst.com/a-step-by-step-guide-to-gst-refund
What is a GST refund?
When taxpayers pay excess GST (Goods and Service Tax) in certain cases and the tax paid is more than the GST liability, the taxpayers can claim their GST refund via a streamlined GST process. The government has created a standardised GST Refund process which is online. There are time-limits set for the process, let us check it in detail.
GST Refund Procedure:
For the taxpayers seeking the GST refund, a set application is to be followed. Let us have a look at the GST refund procedure below:
STEP 1:
They need to file form RFD-01 which needs to be certified by an authorized Chartered Accountant within 2 years of the relevant date. The relevant date differs from case to case. It is important for the taxpayers to note the relevant dates as failure to file the application within the given time frame will lead to blockage of credit.
The cases are defined below:
- For goods exported through air or sea: When the aircraft/ship leaves the Indian borders.
- For goods transported through land: When the goods cross the land frontier of the country.
- For goods transported via post: The dispatch date of goods from the post office.
- For services (when the services are completed before the payment): Relevant date is the payment receipt date.
- For services (when payment is made in advance): Relevant date is the invoice date.
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However, it is possible to see how date codes are printed in numerous grocery items available for sale in the supermarkets.
Cheese film pouches, snack food packs, and milk cartons hold a prominent place out of them.
Printing date codes is something that most businesses have to do.
This is especially essential for food business owners since edible items must have date information/codes on them in order to maintain traceability in recalls and to alert customers when products are no longer safe.Important considerations when writing date codes on pouchesConsider the specific peculiarities of your manufacturing process before selecting a printer or ink.
You should carefully think about the following:What is the code that you need to print?When printing on flexible packaging like pouch bags, the most important thing to remember is the code that your product requires.
It's ideal if you have a printer capable of properly encoding this data at high resolution.Thermal inkjet (TIJ) printers, on the whole, are superior for scannable barcodes since they print at a higher resolution.Substrate wrinklingWrinkles can emerge while printing on flexible film if the tension is not controlled appropriately throughout the printing process.
