Hi,
We are supplying goods and undertaking works contracts for various sez units and our supply of goods/service is based on LUT with out payment of IGST. Consequently we have accumulated Input tax credit and we applied for refund of tax and we got 90% of refund amount, for processing balance amount the assessing officer asked us to produce sales invoice with endorsement from AO/So of SEZ as these supply goods/services was used for Authorised operations in the SEZ. But when we are approaching the AO/So they are not ready to give us such endorsements unless it is endorsed by the client. But the client is not ready give us such endorsements as they informed that all the receipt and was made against the DC and PO itself contains their stamp and signature. Now we are strucked between the client and the SO, both of them is not ready to provide the endorsements and we have to pay back the 90% amount of refund unless if provided the invoice with such documents.Please advise how could we get rid out of this situation
Thanks
Harikumar Ganesan
CAclubindia
