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Gst Refund


Elizabeth Devadas   05 December 2019

Elizabeth Devadas

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I have 2 queries
1. Whether export(LUT) included in Turnover of inverted duty structure
2. if common inputs used for outward supply of higher rate & lower rate then computation of refund
PC Sharma

PC Sharma   07 December 2019

PC Sharma

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Export is not exempted from gst, its zero rated supply, so it should be included in inverted tax structure. if u don't find any answer , i am going to clarity it .
Elizabeth Devadas

Elizabeth Devadas   07 December 2019

Elizabeth Devadas

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Kindly clarify on meriits
CA Arun Chhajer

CA Arun Chhajer (GST Faculty @ Ministry of MSME Govt of India)     08 December 2019

CA Arun Chhajer
GST Faculty @ Ministry of MSME Govt of India 
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Reply to

Q. No 1 - The Export (whether on LUT or on payment of IGST) will be added in you agreegate Turnover as defined in Section 2(6) of CGST Act.

Q No 2 - It will be used proportionate to the Turnover of Inverted Duty Structure.

Elizabeth Devadas

Elizabeth Devadas   09 December 2019

Elizabeth Devadas

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Thank you for valuable reply.
My query is while considering Inverted Duty structure turnover should I consider turnover of Exports (LUT )
Sayee Khumar

Sayee Khumar   23 February 2020

Sayee Khumar

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Yes u have to include

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