Clarification on refund of GST compensation cess paid on coal.

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.... Sub:- Clarification on refund of GST compensation cess paid on coal Ref: Your office letter No.2584 dated 03.08.2018 Sir, In inviting a reference to the letter referred to above, the issues raised therein are clarified below. 1. Whether coal purchased by M/s. Jindal Stainless Limited and used in power generation for captive use in manufacturing steel will qualify as input? Coal purchased ....

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.... of the CGST Act and the rules made there under will apply in relation to refund claims of compensation cess. Section 54 (3) of the CGST Act (clause (i) of 1st of the Proviso) permits claim of refund of any unutilized input tax credit at the end of any tax period relatable to zero rated supplies made without payment of tax. Thus, a taxpayer can claim refund of any unutilized ITC including ITC of c....

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Clarification on refund of GST compensation cess paid on coal.