We are supplying to merchant exporter in ahmedabad by charging CGST and SGST @ .05%.
CAn we claim refund of ITC for such sales made to exporter?
Thank you.
6 Replies
V SUBRAMANIAM
(504 Points)
Replied 21 October 2023
Yes u can claim under inverted duty structure
see section 54
see section 54
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 06 November 2023
Dear V Subramanian sir, can you please confirm if you have done it practically and succeeded. As it will help my clients.
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 06 November 2023
Any product which is purchased at 18% but sold at 0.1%
V SUBRAMANIAM
(504 Points)
Replied 06 November 2023
Some products u can't claim.
coal, vegetable oil, fabric etc
coal, vegetable oil, fabric etc
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 06 November 2023
Ok thank you sir. I understand that practically refund under inverted duty structure is possible for most of the goods.
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