A Company having registered office in Taminadu has received services and the bill from Auditors of Company in respect of all units of the Company in India.
Now Company has also a ISD Regn in Tamilnadu and has distributed the credit to the GST Regd Locations in India which also includes a SEZ GST Regd location at Maharashtra
Query:
Can the ISD credit be claimed by the related to SEZ GST Regd Location in Maharashtra and can the SEZ GST Regd location in Maharashtra claim refund of the ISD Credit.
SEZ Location Eligible for GST Credit Refund via ISD: Compliance with Sections 16 & 54 CGST Act Required. A company in Tamilnadu with an ISD registration has distributed GST credit to its registered locations, including a SEZ location in Maharashtra. The query concerns whether the SEZ location can claim a refund of the ISD credit. Respondents agree that the SEZ can claim the Input Tax Credit (ITC) and potentially a refund, subject to compliance with Sections 16 and 54 of the CGST Act. The consensus is that once the credit is taken, it can be utilized or claimed as a refund according to the prescribed legal provisions. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
