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Refund under inverted duty structure knitted kids wear garments

Shubha M (Student) (135 Points)

26 June 2021

Is refund can be cliamed on knitted kids wear garments under invented duty structure?

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11 Replies

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 26 June 2021

You will have to see if your inputs have higher rates than outputs then refund can be claimed.

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Shubha M (Student) (135 Points)
Replied 26 June 2021

Yes it's higher

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 26 June 2021

Then claim refund ..........

Shubha M (Student) (135 Points)
Replied 26 June 2021

We can cliam only on inputs right and not on input services and capital goods?

CMA Poornima Madhava (CMA) (13112 Points)
Replied 26 June 2021

You may claim refund on input services and capital goods too.

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CS Advocate Abhishek Goyal (M Com FCS LLB M-AIMA ) (13706 Points)
Replied 26 June 2021

refund under iverted duty structure not allowed on input services and capital goods, it is only available in respect of input goods.

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 26 June 2021

For inverted duty structure refund refund on input services and capital goods not allowed. Although they are part of details they are not part of calculations. Details has to be filled in relevant formats.

veerendar singh (tax consultant) (3301 Points)
Replied 26 June 2021

Only on inputs

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Akash Chandran (2 Points)
Replied 27 June 2021

What are the documents to be uploaded with refind of unutilized ITC due to exports

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 27 June 2021

1.Copy of GSTR 2A of relevant period.
2. Statement of Invoices (Annexure B)
3. Shipping bill in case of export made through non-EDI ports

Declaration to be filled online :
Declaration under 2nd & 3rd proviso to section 54(3)
Undertaking in relation to section 16(2)(c)
Statement 3 under rule 89(2)(b)

For more details can refer Circular 125/44/2019 GST