ITC accumulated due to inverted tax structure against supplies @.1%
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....TC accumulated due to inverted tax structure against supplies @.1%<br> Query (Issue) Started By: - MohanLal tiwari Dated:- 19-1-2019 Last Reply Date:- 21-1-2019 Goods and Services Tax - GST<br>Got 6 R....
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....eplies<br>GST<br>Dear Panelists, We are supplying goods to indigenous customers including Indian railway as well direct exports and through merchant exporters. We have got huge ITC accumulated due to....
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.... supplies of goods to Railway way parts (HSN 8607) and supplies to merchant exporters @.1%. Kindly advise whether we should file claim for refund under Head " ITC accumulated due to inverted tax....
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.... structure". Reply By SHARAD ANADA: The Reply: Refer Circular No. Circular No. 37/11/2018-GST Dated the 15th March, 2018 para 13 Reply By SHARAD ANADA: The Reply: In case of supply to railway....
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.... you are not eligible for refund of ITC accumulated due to inverted tax structure against supplies @.1%. Refer Notification 5/2017 CT (Rate) Dated 28-06-2017 Reply By DR.MARIAPPAN GOVINDARAJAN: The R....
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....eply: I endorse the views of Shri Sarad. Reply By YAGAY andSUN: The Reply: We also endorse the views of our experts. Reply By KASTURI SETHI: The Reply: Sh.Sharad Anada is really hard worker. He i....
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....nfuses life into his reply. Reply By MohanLal tiwari: The Reply: Thanks Mr Sharad, Could you please advise how to work out amount of refund in case of goods supplied to merchant exporters @0.1%.<b....
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