GST Expenses ITC Refund

This query is : Open

ARCHANA (Querist)
Follow

27 October 2021 Sir/Mam,

Export with out payment of Tax business Type, If they have chance to claim ITC on Expenses Refund. which expenses can claim refund.

If it is possible what is the procedure.

Thanking you,

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

27 October 2021 ITC refund can be claimed on all expenses related to exports.

Online Procedure To Claim Refund of Input Tax Credit
Step 1: visit the official portal of GST department.
Step 2: Click the Services and select “Application for Refund” tab from the Refund menu.
Step 3: On the next page, select the Refund of ITC on Export of Goods and Services without Payment of Tax option.

Message likes : 1 times

ARCHANA

ARCHANA (Querist)
Follow

27 October 2021 Thank your sir for your quick reply, Expenses : Freight, Stationery, office expenses , AMC, computer maintenance and Office Assets purchased etc ITC we can claim Refund

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

27 October 2021 Yes, you can claim refund if you are doing only export business.

Message likes : 1 times

ARCHANA

ARCHANA (Querist)
Follow

27 October 2021 Yes Sir, Thank your sir for your reply

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

27 October 2021 You are welcome........

CA Raj Doshi

CA Raj Doshi (Expert)
Follow

02 November 2021 Theoretically, all expenses are eligible for refund claim in case of LUT exports. However, officers generally deny. Better to exclude in the initial working itself than getting it rejected later. Happened for my client so practically this is how it works. The officers are in the excise and service tax regime only where they will refund ITC of inputs/input services only if the same was used for exports. Pathetic!

Message likes : 1 times

ARCHANA

ARCHANA (Querist)
Follow

02 November 2021 Thank your sir for your reply

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rakesh Bansal

Rahul Kulkarni

Dhairya Sanghvi

Ravi

nandeesh mashyal

Subscribe Now

GST Expenses ITC Refund

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA