GST on export of services and Input Credit
This query is : Resolved
Quick Summary
19 November 2024
Dear Sir
I am into the export of Services and I am paying GST for the last two years on that. Now can I file LUT and make the export Invoice without payment of GST. Also plz confirm if I can claim input credit on all the purchase I am doing in India and also if I can file the refund for the GST I am paying for the last two years.
I am into the export of Services and I am paying GST for the last two years on that. Now can I file LUT and make the export Invoice without payment of GST. Also plz confirm if I can claim input credit on all the purchase I am doing in India and also if I can file the refund for the GST I am paying for the last two years.
CA R SEETHARAMAN
(Expert)
19 November 2024
Yes, you can file LUT now and export without payment of GST and claim refund of input credit.
Yes you can claim refund for last 2 years.
A person claiming refund is required to file an application before the expiry of two years from the “relevant date".
Yes you can claim refund for last 2 years.
A person claiming refund is required to file an application before the expiry of two years from the “relevant date".
19 November 2024
I have collected from the client and deposited the GST then also I can claim refund of that.
CA R SEETHARAMAN
(Expert)
19 November 2024
No you can't claim refund in such a case.
To claim a tax refund, an applicant must provide prescribed documentary evidence to prove that they are eligible for the refund. They must also provide evidence that the incidence of tax or interest paid by them in relation to such refund has not been not passed on to another person
To claim a tax refund, an applicant must provide prescribed documentary evidence to prove that they are eligible for the refund. They must also provide evidence that the incidence of tax or interest paid by them in relation to such refund has not been not passed on to another person
21 November 2024
If I am giving only export services then also I can claim the whole amount of Input Credit on the expenses incurred.
CA R SEETHARAMAN
(Expert)
21 November 2024
Yes, it's related to the service provided.
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