Handbook on Refunds under GST Jan26

The Institute of Chartered Accountants of India (ICAI) issued Handbook on Refunds under GST. This is 3rd Edition published in January, 2026, the first one was published on April, 2020.

It contains 11 chapters and 4 Schedules.

1. Introduction
2. Types of Refund and General Provisions
3. Refund in case of Zero Rated Supply
4. Refund Due to Inverted Duty Structure
5. Common Refund Procedure for Supplies made without payment of tax/ inverted tax structure
6. Deemed Exports
7. Processing of refunds in virtual environment and clarifications on general issues in refund
8. Doctrine of Unjust enrichment
9. Refund of tax to specific Category of persons
10. Interest on delayed refund
11. Consumer Welfare Fund

Annexure I: Standard Operating Procedure (SOP) to be followed by Exporters (Pursuant to Circular No. 131/1/2020-GST)

Annexure II: List of all Statements/ Declarations/ Undertakings/ Certificates to be Provided along with the Refund application

Annexure III: List of Supporting Documents to the provided along with the Refund Application

Annexure IV: Statement of Invoices to be submitted with Application for Refund of Unutilised ITC.