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Issue ID: 113130
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Export under LUT and on payment of IGST, IGST payable on export

Date 01 Dec 2017
Replies 2 Replies
Views 8775 Views
Export under LUT or payment of IGST: exporters may choose either method and seek corresponding refunds after proper filing.
Exporters may use LUT for some shipments and pay IGST for others in the same tax period and may switch methods across periods; IGST refunds are available only after payment and filing of returns. IGST refund sanction requires filing GSTR 3B, completing Table 6A of GSTR 1, and matching Shipping Bill entries on Customs EDI; errors in these filings delay or reject refunds. Unutilized Input Tax Credit refunds require FORM GST RFD 01A on the portal, debit from the Electronic Credit Ledger, generation of ARN, and submission of supporting documents to the jurisdictional officer. (AI Summary)

Dear Experts,

Can I export some shipments under LUT as well as some shipments on payment of IGST in a same tax period, and claim refund claims of ITCas well as IGST respectively of export shipments.

Can I export under LUT during a tax period and switch over to on payment of IGST in alternate tax period.

Being IGST is set off in electronic credit ledger once for a month at the time of filling GSTR 3B, How export on payment of IGST would be treated, It would be payable at the time of export and will be paid from ITC at the time of GSTR3B return. Would it be treated as IGST on payment of IGST.Is it allowed in GST act.

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