Compliance Pack
Refund of excess cash ledger balance
- If your GST cash ledger has more money than you need, you can ask for it back to your bank.
- Deadline: Any time after dues are cleared; latest GSTR-3B must be filed; Circular 166/22/2021-GST says the two-year limit does not apply
- Done in 2 working days after ledger statements are shared
- Prepared by your Savvy, checked by a CA
- Electronic cash ledger statement
- Will you need this cash for next month's tax?
- Confirm all returns filed and no dues
- RFD-01 ARN
Refund of excess cash ledger balance
Any time after dues are cleared…
- IWhat we need from you6 documents
- DQuestions for you4 questions
- FForms4 steps
- DWhat you getRFD-01 ARN
Answer in brief
If your GST cash ledger has more money than you need, you can ask for it back to your bank. We check that all returns and dues are clear, consider moving it to another GSTIN instead, file the RFD-01 claim and track it until the money is paid.
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IDFD
How we solve it: 4 steps
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Step 1 of 4 · What we need from you
Tap each one you already have
- Electronic cash ledger statement
- All returns filed, latest GSTR-3B
- Liability register, no open demand
- Validated bank account on registration
- LEI number for ₹50 crore plusOptional
- TDS or TCS credit detailsOptional
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Pay and start
₹1,999
₹1,999 + ₹359.82 GST = ₹2,358.82
One time. Delivered in 2 working days after ledger statements are shared. Due: Any time after dues are cleared; latest GSTR-3B must be filed; Circular 166/22/2021-GST says the two-year limit does not apply
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