GST ITC exemption for new export unit

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kaushal mistry (Querist)
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28 December 2019 Dear Sir

We are 100% Exporter and we starting our new pharma manufacturing unit in gujarat.
My question as below
1. Any rules for capital ITC exemption for 100% export unit.
2. Raw martial buy under 18% and Export under 12% and Capital ITC amount hung in our GST site which is increasing. Any rules for refund this amount.

Pls advise us.

RAJA P M

RAJA P M (Expert)
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29 December 2019 2. Yes... You can claim refund for unused ITCs
1. can't understand Your question.

kaushal mistry

kaushal mistry (Querist)
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30 December 2019 Thanks for reply
What is process for ITC refund. and under which section.
Pls give me details.

RAJA P M

RAJA P M (Expert)
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30 December 2019 Please see details through the link

https://tallysolutions.com/gst/gst-refund-process-rules/

kaushal mistry

kaushal mistry (Querist)
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31 December 2019 Thanks for link
but we have hung credit of capital ITC can we refund this also such process.

RAJA P M

RAJA P M (Expert)
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31 December 2019 Yes... If it's unutilised ITC

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