can supplier claim itc



section 7(5)(a) of igst act states supplier is located in India and place of supply is outside india
the supplier can claim ITC in this transaction or not
 
Reply   
 

if place of supply is outside india, then there in no question of gst on such transaction.
 
Reply   
 

please refer the section
 
Reply   
 

if place of supply outside india then it will be export supply(subject to other condition)
export supply is zero rated hence no gst
 
Reply   
 
ACCOUNTS PROFESSIONAL

Section 7 IGST , deals in interstate supplies

& sub-section 5 states one of the condition for interstate sale in which supplier is in india & POS is outside india means its Export & IGST is applicable .

Yes in this case supplier can take ITC on his inward supplies. If He export without LUT charging IGST, can get refund of same.
 
Reply   
 

thank u sir

Total likes : 1 times

 
Reply   
 
ACCOUNTS PROFESSIONAL

YOU ARE WELCOME

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU