https://www.taxtmi.com/article/detailed?id=15536 The document explains that export of capital goods on which ITC was availed triggers mandatory reversal under Section 18(6), requiring payment of the higher of ITC attributable to remaining useful life or tax on transaction value; export qualifies as "supply," so reversal applies even under LUT. It highlights an unresolved choice of calculation method between differing rules and states that zero-rating under Section 16 does not expressly override the reversal obligation, creating interpretational uncertainty. en-us Tue, 02 Dec 2025 08:36:26 +0530 Tue, 02 Dec 2025 08:36:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15536 The document explains that export of capital goods on which ITC was availed triggers mandatory reversal under Section 18(6), requiring payment of the higher of ITC attributable to remaining useful life or tax on transaction value; export qualifies as "supply," so reversal applies even under LUT. It highlights an unresolved choice of calculation method between differing rules and states that zero-rating under Section 16 does not expressly override the reversal obligation, creating interpretational uncertainty. Articles Goods and Services Tax - GST Tue, 02 Dec 2025 08:36:26 +0530 https://www.taxtmi.com/article/detailed?id=15536