GST Refund
This query is : Resolved
Ankit Shah
(Querist)
19 May 2020
Hi, There are two types of Refund in GST in export case,
1. Refund of IGST paid on export: without considering ITC
2. Refund of ITC, if export at zero rated.
My question: Say IGST paid on export Rs. 100 and claimed refund & received.
and ITC paid on purchase Rs. 1000 and shows in electric ledger.
Now how to claim Refund of excess 900 balance remains in credit ledger?
Please suggest rule or procedure.
1. Refund of IGST paid on export: without considering ITC
2. Refund of ITC, if export at zero rated.
My question: Say IGST paid on export Rs. 100 and claimed refund & received.
and ITC paid on purchase Rs. 1000 and shows in electric ledger.
Now how to claim Refund of excess 900 balance remains in credit ledger?
Please suggest rule or procedure.
21 May 2020
https://cleartax.in/s/input-tax-credit-under-gst
this will clear all of your doubts related to claiming of input credit
this will clear all of your doubts related to claiming of input credit
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