We have to apply refund for AY 2021-22 in whcih Total Export of Services was Rs. 10 lac ( 5 invoices of Rs. 2 lac each). Till march 2022 total consideration received was Rs. 9 Lac. Remaining 1 lac received in May 2022. Now what will be my turnover for calculation of GST Refund ?
If turnover for refund working will be considered as Rs. 9 Lac, should we show all 5 invoices of Rs. 10 Lac in Statement-03 and payment of 9 lac against them ?
We have filed application with service turnover of Rs. 10 lac. Reported Turnover of Rs. 10 lac and collection of Rs. 10 Lac in Statement -03 for refund application till March 2022. Officer has raised query in RFD-08 mentioning that we have mentioned payment of 1 lac recd in May 2022 in Statement -03 of refund application till Mar 2022.
What should we do now as there will be no impact on refund of ITC even if Service turnover is shown as Rs. 9 lac instead of Rs. 10 Lac