Free of cost material exported
This query is : Resolved
25 July 2019
Dear Expert,
Our final goods are exported and we make invoice without export and will claim refund of the GST.
Now my question is that we are sending some material out of India for testing (Final Goods + some spares),
so weather we need to reverse the ITC on the said items or we should pay GST on the same items and adjust with out GST credit balance.
we are thinking to pay GST and adjust with our GST credit and the value will be as declared in the face of invoice.
Our final goods are exported and we make invoice without export and will claim refund of the GST.
Now my question is that we are sending some material out of India for testing (Final Goods + some spares),
so weather we need to reverse the ITC on the said items or we should pay GST on the same items and adjust with out GST credit balance.
we are thinking to pay GST and adjust with our GST credit and the value will be as declared in the face of invoice.
25 July 2019
Yes, pay GST on the same items and adjust with GST credit balance.
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