Gst refund is case of purchase of capital goods under epcg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2017
Sir,
We were regular for domestic procurement of Capital Goods/Spare Parts under EPCG Scheme and getting refund of Terminal Excise Duty before amplification of GST.
Is it possible that "We want to procure Capital Goods/Spare Parts from Domestic Supplier under EPCG Scheme and don`t want to get GST Credit. We want GST Refund in Cash like before"........????
You are requested to guide us and give reference of Paragraph/Circular where it is allowed or not because DGFT - Bhopal is not giving proper answer.
Regards
Deepak Tiwari
Mob- 7566461646
Read more at: https://www.caclubindia.com/experts/ask_query.asp
We were regular for domestic procurement of Capital Goods/Spare Parts under EPCG Scheme and getting refund of Terminal Excise Duty before amplification of GST.
Is it possible that "We want to procure Capital Goods/Spare Parts from Domestic Supplier under EPCG Scheme and don`t want to get GST Credit. We want GST Refund in Cash like before"........????
You are requested to guide us and give reference of Paragraph/Circular where it is allowed or not because DGFT - Bhopal is not giving proper answer.
Regards
Deepak Tiwari
Mob- 7566461646
Read more at: https://www.caclubindia.com/experts/ask_query.asp
15 December 2017
As per my opinion, you can claim exemption of customs duty only under EPCG after GST. You need to pay IGST and take credit.
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