IF WE EXPORT BY PAYING IGST, CAN WE ADJUST CGST & SGST CREDITS AVAILABLE IN OUR LEDGER.
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 27 July 2018
Export is Zero rated supply in GST law , When you paying IGST for export it is refundable amount ,you can apply for refund .
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 27 July 2018
There are 2 types of zero-rated supply-With payment and without payment. In the given case export is done with payment and thus you can utilise the CGST & SGST credit for paying IGST. Then you can claim the refund of IGST paid.
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