GST refund on exports

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ST refund on exports<br> Query (Issue) Started By: - Kaustubh Karandikar Dated:- 25-1-2021 Last Reply Date:- 26-1-2021 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>XYZ applied GST refund on....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... goods supplied on payment of GST. Turnover of zero-rated supply of goods, means, value of zero-rated supply made without payment of tax under LUT or value which is 1.5 times the value of like goods d....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....omestically supplied whichever is less. Department wants to confirm that the products for which refund claimed fulfils the criteria of 1.5 times value. Is the department right in asking for this infor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....mation? If yes under which provisions? Reply By Shilpi Jain: The Reply: This is as per rule 89(4)(C) of the CGST Rules, in the context of refund for export of goods under LUT. Should not be applicab....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....le for export with payment of tax. Reply By KASTURI SETHI: The Reply: I agee with Ms.Shilpi Jain, an expert. Actually, her reply has enriched my knowledge.<br> Discussion Forum - Knowledge Sharing ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

........