Hello experts,
Nil rated goods are sold to domestically for export in deemed export. can ITC claim for refund on the packing material.
please give information.
Menu
ITC GST refund
Replies (2)
Supplies made overseas and to Special Economic Zones (SEZs) or SEZ Developers come under the zero-rated supplies. This supply attracts a GST of 0%. For such supplies, ITC can be claimed.
If the final output is Nil rated then ITC cannot be claimed. This article about ITC will solve all your doubts about ITC. https://irisgst.com/all-about-input-tax-credit-itc-how-to-claim-input-tax-credit/
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
