Refund for merchant exports against purchase at 0.1%

Import / Export 363 views 1 replies

Sridevi

Accountant

380 Points Joined January 2013

Hi All,

We are Merchant Exporters and are Exporting against LUT without payment of Tax. We are procuring material from Suppliers at 0.1% Tax rate. Now, we are applying for refund and can we claim the refund of that 0.1% Tax also. Or is it inadmissable.

Thanks n Regards

Replies (1)

Pankaj Rawat

GST Practitioner

55067 Points Joined June 2017

Yes As per Section 54 (3) of the CGST Act, Subject to the provisions of sub-section (10), a registered person may claim refund of any unutilized input tax credit at the end of any tax period: