I have made the export sales bill at Gst Rate @ 12% and the refund has also receive. But the purchase bill has receive Gst Rate @ 18%. What are the needs to solve ?
Sagar Vaishnav (1 Points)
24 January 2022I have made the export sales bill at Gst Rate @ 12% and the refund has also receive. But the purchase bill has receive Gst Rate @ 18%. What are the needs to solve ?
Pankaj Rawat
(GST Practitioner)
(55030 Points)
Replied 24 January 2022
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 25 January 2022
You may need to pay additional 6%. That will become your cost since you won't be able to claim refund on it nor charge your customer.
Pankaj Rawat
(GST Practitioner)
(55030 Points)
Replied 25 January 2022
yes agree with CA altamush Zafar
Deposit the balance tax with interest, issue the debit note & report it in your returns by giving reference of shipping bill.
(Can try for refund but as ICEGATE will not allow you to do the same on shipping bill you have already claimed the refund)
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