Regarding gst refund

[SRAVANI ASUPALLI]

Can we make claim for gst refund for capex as we are a 100% export unit in addition to the depreciation that we are claiming.

AI Summary

GST Refund Claim Denied for Capital Expenditure with Depreciation Due to Section 16(3) of CGST Act, 2017 Explained. A user inquired about claiming a GST refund for capital expenditures while also claiming depreciation, as a 100% export unit. One respondent referenced Section 16(3) of the CGST Act, 2017, explaining that input tax credit is not allowed when depreciation is claimed on the tax component of capital goods. The respondent questioned how a refund could be expected under these circumstances and requested further clarification. Another respondent also asked for more details to better understand the query and provide an appropriate response.