RFD– 01 : a step-by-step guide to claim refund of excess balance in Electronic Cash Ledger of GST Portal
There can be a lot of mistakes while creating GST challan for making GST Payment, it may be due to confusion, deadlines pressure or due to wrong interpretation of the columns while creating challan, this results into temporary blockage of funds in the Electronic Cash Ledger & a war between us and clients. I’m one among the suffered, by wrong interpretation of late fee as a penalty while creating challan and end up with blockage of funds in Cash ledger since September,2017.
But, by the initiative of GSTN there are no more hassles, we can get refund of the balance reflecting in Electronic Cash Ledger by filing a simple Online application for refund viz., RFD-01 within minutes.
In this article I made an attempt to explain step-by-step guide for filing RFD-01 with pictures wherever necessary by following simple steps, hope you will enjoy it.
Please note that, the excess GST paid can be claimed as a refund within 2 years from the date of payment. This means that if excess GST is paid in the month of January 2018, GST refund application RFD-01 can be submitted till January 2020 only.
Here is a step by step Guide to File RFD – 01 on GST Portal:
Step 1: Login to GST Portal at www.gst.gov.in with your login credentials
