GST Refund in case of Service Export

[DEEPAK J]

Hello,

We are into business of services providing in India and outside India. We have taken input credit of ₹ 50 Lacs from Service Tax to GST by Tran 1. As we have less supply of services in india, Service Tax input which is taken in GST and GST input from july 2017 to present is accumulated in our gst credit account.

1) Can we claim refund of Service Tax Input which is taken GST by Tran 1 amount of ₹ 90 Lacs?

2) As per GST law, it says file refund with IFRC/BRC no in case of export of service of accumulation of ITC. Can we file with transaction advice ( it includes details of inward remittance) instead of IFRC/BRC because as per bank, IFRC is issued in case of FDI and BRC is issued in case of export of goods?

Thank you in advance!!

AI Summary

Business Seeks GST Refund for Accumulated Credit; Must File Separate Claims for Pre- and Post-GST Periods A business providing services both in India and internationally inquired about claiming a GST refund for an accumulated input credit of 90 lakhs. They sought clarification on whether they could file a refund using transaction advice instead of IFRC/BRC, as per GST law requirements. Responses highlighted that transitional credit refunds are not permissible under current GST regulations, referencing a specific circular. It was suggested to file separate refund claims for pre- and post-GST periods, emphasizing the need for litigation to recover the substantial amount. The use of credit advice was deemed acceptable for filing purposes.