GST refund-In adjusted Turnover CIF or FOB Export should be considered?

While applying the GDT refund application.In adjusted turnover,Export Turnover should be considered as FOB or CIF value?
Replies (5)
Quick Summary
This discussion seeks clarification on whether to use the FOB (Free On Board) or CIF (Cost, Insurance, and Freight) value when calculating adjusted turnover for GST refund applications on exports. The consensus appears to be that refunds are provided based on the FOB value, but there's a question about which value to use in the denominator of the calculation.

Refund will be provided on FOB value.
Refund will always be paid on FOB Value

In numerator FOb value and denominator also FOB value or CIF value?

In numerator FOb value and denominator also FOB value or CIF value?

Dear sir,

In denominator,we have to consider FOB or CIF ,please confirm

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