GST Refund -Zero Rates Supplies

[Shantaram Botre]

We are exporting 100% our Product and we do not have sales in the Indian Market ,We have filed GST refund application but Deputy commissioner has reject the Refund Application on the ground of Domestic Clearance , Comparable Price information is missing.

GST commissioner has taken reference of Notification No.16/2020-Central Tax. Need your valuable suggestion.

Regards

CMA S R Botre

AI Summary

Zero-rated supply refund eligibility: exporters may use export invoice or comparable domestic prices to substantiate ITC refund claims.
Refund of unutilized input tax credit for zero-rated supplies under bond or letter of undertaking should not be denied merely because domestic supply is absent; export invoice value may be taken for turnover, and where the notification prescribes a lesser of export value and 1.5 times domestic price, taxpayers can substantiate the domestic comparable price by self-declaration supported by comparison charts, competitor purchase orders and market evidence, with an appeal recommended against rejection and professional assistance for compiling proof.