ADJUSTED TOTAL TURNOVER FOR REFUND OG GST ON EXPORT OF GOODS UNDER LUT

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Fazil Ahmad

Article Assistant

80 Points Posted on 15 June 2020

PLEASE HELP ME IN CALCULATING FIGURES FOR STATEMENT 3A FOR CLAIMING GST REFUND OF ACCUMULATED ITC ON ACCOUNT OF EXPORT OF GOODS UNDER LUT, FIGURES ARE AS FOLLOWS:

DOMESTIC COLD STORAGE SERVICES PROVIDED - RS. 64,30,000/- (CGST & SGST - RS. 5,78,700/- @ 9% EACH)

EXPORT SALES OF GOODS - RS. 11,23,56,351/-

SALE OF NIL RATED/EXEMPT GOODS - RS. 78,26,355/-

AS PER ME CALCULATION OF STATEMENT 3A is as Follows:

Zero Rated Turnover - Rs. 11,23,56,351/-

Adjusted Total Turnover - Rs. 11,23,56,351/- (As cold storage services provided by the company only uses Electricity and there is no input in Electricty Bill)

Please help if my calculation is correct or incorrect.

Replies (4)

Quick Summary

This discussion focuses on calculating the Adjusted Total Turnover (ATT) for claiming GST refunds on exported goods under LUT. The user initially calculated ATT based solely on export sales. Another user clarified that domestic cold storage services are not included in ATT, but advised that nil-rated or exempt goods sold within the state should be added to the ATT calculation. The discussion also briefly touches on the value to be reported in the GSTR-1 taxable value column.

PRATIK PATEL

139 Points Posted on 15 June 2020

Hey Fazil your calculation for Adjusted Total Turnover (ATT) is correct

1. Taxable Service of Rs.64,30,000 - This will not been considered under ATT Definition as it is services other than Zero Rated Services.

2. Export of Goods Rs.11,23,56,351 - It is Zero Rated Goods thus considered

Fazil Ahmad

Article Assistant

80 Points Posted on 17 June 2020

Thank you so much for your response.

PRATIK PATEL

139 Points Posted on 17 June 2020

Hey Fazil,

please ignore above reply as it was mistakenly post and dont know how to.delete...
and i was also not able to post below answer it requires reply other than me to be posted before i post 2nd time...

continue to answer: -

1. Taxable Service of Rs.64,30,000 - This will not been considered under ATT Definition as it is services other than Zero Rated Services.

2. Export of Goods Rs.11,23,56,351 - It is Zero Rated Goods thus considered.

3. Sale of Nil Rated / Exempt Rs.78,26,355 - If this is within State it should be considered as the defination includes Turnover in State which includes exempt supplies made within State....

thus if it is within state it will be included in ATT.

ATT = 11,23,56,351 + 78,26,355 = 12,01,82,706

otherwise ATT = 11,23,56,351