https://www.taxtmi.com/caselaws?id=409064 The Commissioner (Appeals) CGST, Jaipur allowed the appellant's appeal regarding refund of unutilized Input Tax Credit accumulated due to export of goods and services. The case involved reversal of ITC on exempted supplies of MEIS Scrips/Licence worth Rs. 8,69,740 during August 2018, which were exempted under Notification No. 35/2017-C.T. The appellant had availed ITC of Rs. 14,362 on consultancy services used exclusively for exempted supply and Rs. 50,438 on common services. Under Rule 42(1) of CGST Rules, 2017, the appellant was required to reverse Rs. 16,313 as ITC attributable to exempted supplies, which was subsequently paid. The appeal was allowed to the extent of excluding exempt supplies (other than zero-rated supplies) from Adjusted Total Turnover. en-us Wed, 31 Mar 2021 00:00:00 +0530 Fri, 28 Mar 2025 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409064 The Commissioner (Appeals) CGST, Jaipur allowed the appellant's appeal regarding refund of unutilized Input Tax Credit accumulated due to export of goods and services. The case involved reversal of ITC on exempted supplies of MEIS Scrips/Licence worth Rs. 8,69,740 during August 2018, which were exempted under Notification No. 35/2017-C.T. The appellant had availed ITC of Rs. 14,362 on consultancy services used exclusively for exempted supply and Rs. 50,438 on common services. Under Rule 42(1) of CGST Rules, 2017, the appellant was required to reverse Rs. 16,313 as ITC attributable to exempted supplies, which was subsequently paid. The appeal was allowed to the extent of excluding exempt supplies (other than zero-rated supplies) from Adjusted Total Turnover. Case-Laws GST Wed, 31 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409064