What is a no return and no refund policy?
What is a no return and no refund policy? A no refund, no return policy explains that your business does not accept returns after a customer finalizes a purchase and that you will not provide compensation or a replacement item.
What happens if you don t file your taxes but don t owe anything?
There's no penalty for failure to file if you're due a refund. However, you risk losing a refund altogether if you file a return or otherwise claim a refund after the statute of limitations has expired.