Goa GST Rule 89 Amended: Simplified Refund Process for Unutilized ITC on Electricity Exports, No Shipping Bill Needed.
The circular issued by the Government of Goa outlines the procedure for filing and processing refunds of unutilized Input Tax Credit (ITC) for the export of electricity under the Goa GST Rules, 2017. Electricity, classified as "goods" under GST, does not require a Shipping Bill/Bill of Export for export, creating challenges in refund applications. To address this, modifications have been made to Rule 89 and FORM GST RFD-01. Applicants must file electronically under "Any Other" category and provide specific documentation, including export invoices and energy export details. The refund calculation follows Rule 89(4)'s formula, considering the turnover of zero-rated supplies. The relevant date for filing is the last day of the month as per the Regional Energy Account. Proper officers will verify applications and issue refunds upon satisfaction.