2 Replies
Gagan Singla
(564 Points)
Replied 26 June 2017
section 16 of IGST ZERO RATED SUPPLIES
YOU CAN EITHER PAY IGST AND THEN CLAIM REFUND OF ITC AND IGST OR EITHER EXPORT UNDER BOND SCHEME AND GET REFUND OF ITC. ALL THIS CAN ALSO BE DONE EVEN IF SUCH SUPPLY IS EXEMPT I.E NON TAXABLE BUT INPUTS ARE TAXABLE
YOU CAN EITHER PAY IGST AND THEN CLAIM REFUND OF ITC AND IGST OR EITHER EXPORT UNDER BOND SCHEME AND GET REFUND OF ITC. ALL THIS CAN ALSO BE DONE EVEN IF SUCH SUPPLY IS EXEMPT I.E NON TAXABLE BUT INPUTS ARE TAXABLE
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