Supplies to sez
This query is : Resolved
07 February 2019
Hi Expert,
I have supplied the materials in December-18 to SEZ Developer without collecting tax and without LUT and filled the my GST return for the December period.
After that i have applied for LUT in Jan-19 as per my SEZ Customer requirement for the Zero Rated Dec-18 Supply. But Now Customer is saying that revise the invoice with the tax invoice of IGST and go for the refund because supplied the materials were not belongs to LUT period.
How could i come out from it and get the refund if i revise the invoice once again. Pl advise
I have supplied the materials in December-18 to SEZ Developer without collecting tax and without LUT and filled the my GST return for the December period.
After that i have applied for LUT in Jan-19 as per my SEZ Customer requirement for the Zero Rated Dec-18 Supply. But Now Customer is saying that revise the invoice with the tax invoice of IGST and go for the refund because supplied the materials were not belongs to LUT period.
How could i come out from it and get the refund if i revise the invoice once again. Pl advise
CMA Bhavya
(Expert)
08 February 2019
Dear Anil,
without LUT bond it is as similar as normal clearence of goods rather than deemed exports
1. Issue the supplimentary invoice with GST
2. Amend the previous Invoice in your Current GSTR-1 return
3. refund procedure is -Customer issues an endorsement letter saying they have not utilized the input credit.
you can file online for the refund.
this as per my view .
regards,
Bhavya.P
without LUT bond it is as similar as normal clearence of goods rather than deemed exports
1. Issue the supplimentary invoice with GST
2. Amend the previous Invoice in your Current GSTR-1 return
3. refund procedure is -Customer issues an endorsement letter saying they have not utilized the input credit.
you can file online for the refund.
this as per my view .
regards,
Bhavya.P
Message likes :
1 times
21 February 2019
Hi, Thanks,
‘SUPPLY MEANT FOR SEZ UNIT / SEZ DEVELOPER WITH PAYMENT OF INTEGRATED TAX’ and take the IGST refund of option, This is what my customer asking to mention in invoice and go for the refund.
Is it right, We have supplied materials with E way bills in December-18, should i take December date as invoice date or today date as invoice date for our GST Fillings.
Please advise
‘SUPPLY MEANT FOR SEZ UNIT / SEZ DEVELOPER WITH PAYMENT OF INTEGRATED TAX’ and take the IGST refund of option, This is what my customer asking to mention in invoice and go for the refund.
Is it right, We have supplied materials with E way bills in December-18, should i take December date as invoice date or today date as invoice date for our GST Fillings.
Please advise
CMA Bhavya
(Expert)
25 February 2019
Hi Anil,
As per my view
I think the problem is all about the Portion of IGST portion in the Invoice.
Option available to you is you can amend the Invoice in GSTR-1 in the current month for the Dec-18 but , you cannot amend in GSTR 3B
For refund of Taxes when supplied at Zero rated CGST rules 96 1(b) : the applicant has furnished a valid return in GSTR 3B.
Its better you can raise a credit note As per CGST Act Sec.34 and close the issue .
regards,
Bhavya.P
As per my view
I think the problem is all about the Portion of IGST portion in the Invoice.
Option available to you is you can amend the Invoice in GSTR-1 in the current month for the Dec-18 but , you cannot amend in GSTR 3B
For refund of Taxes when supplied at Zero rated CGST rules 96 1(b) : the applicant has furnished a valid return in GSTR 3B.
Its better you can raise a credit note As per CGST Act Sec.34 and close the issue .
regards,
Bhavya.P
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
