Refund of unutilised ITC on export of electricity requires REA-backed scheduled energy, export agreement tariff, and prescribed refund filings. Applicants seeking refund of unutilised Input Tax Credit on export of electricity must file electronically under the 'Any Other' category, upload Statement 3B and REA monthly Statement of Scheduled Energy, provide export agreements showing tariff per unit, and furnish calculation as Statement 3A. The relevant date for limitation is the last date of the month in which export appears in the REA. Turnover for export is the REA scheduled energy multiplied by contracted tariff, using the lower quantity if invoice and REA differ; Adjusted Total Turnover excludes domestic electricity supplies.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Refund of unutilised ITC on export of electricity requires REA-backed scheduled energy, export agreement tariff, and prescribed refund filings.
Applicants seeking refund of unutilised Input Tax Credit on export of electricity must file electronically under the "Any Other" category, upload Statement 3B and REA monthly Statement of Scheduled Energy, provide export agreements showing tariff per unit, and furnish calculation as Statement 3A. The relevant date for limitation is the last date of the month in which export appears in the REA. Turnover for export is the REA scheduled energy multiplied by contracted tariff, using the lower quantity if invoice and REA differ; Adjusted Total Turnover excludes domestic electricity supplies.
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