Sir/Madam
How do I file Export Return, as in the month The Export is done on both With Payment of Intergrated Tax and Without Payment of Integrated Tax basis.
For e.g. Export of Material With Payment of IGST ₹ 100000/- IGST ₹ 28000/- and Without Payment of IGST is ₹ 50000/-. Total Export Amount ₹150000/-. And total IGST ITC Credit paid on Purchase is ₹39000/- . {GST RATE @ 28%}
So, In GSTR 3B Table No 3.1, I think It should be included In Zero Rated supply as it Direct Export.
Also, ₹ 39000/- will be adjusted with ₹ 28000/-, and this ₹28000/- will be refunded by Custom by checking Shipping Bill and the Balance ₹ 11000/- will be refunded from Government after filling RFD 01.
Is I'm correct ???
Kindly respond us as I have to confirm the Procedure.
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Regarding Export
Replies (3)
WHILE PAYING 28000 U WILL ADJUST 39000 AND THUS NO AMOUNT IS TO BE PAID.... U WILL HAVE BALANCE 11000 ITC AND ALSO 28000 WILL BE REFUNDED TO U...
Thank u
if We are exports against LOB and without payment of IGST then in which optional available in GSTR1
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