Dear Professionals,
My client has supplied goods to an SEZ for the F.Y.17-18.At the time of audit it was come to notice that he had not applied for LUT for F.Y.17-18.So as per the law I need to pay IGST on the same since it is as good as export of goods to SEZ. The same shall be rectified in form 3B and GSTR 1 accordingly.I would further like to state that he has Paid IGST of Rs.2,92,000 and the sales amounts to just 5% of the annual sales of the client. My concern is
1.Can I claim the GST paid on supply to SEZ as an ITC against liabilty of domestic sales or I compularily need to go and apply for refund.
2.If the answer to the first question is yes, kindly let me know where to put the amount of IGST as the same may not be matched with GSTR -2.
Kindly do the needful ASAP.
CAclubindia
