LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Itc refund claim by sez

PEP CONSULTANCY (118 Points)

08 May 2020

Can entity registered in SEZ apply for ITC refund on tax paid on inward supplies?

Reply
Follow
Share

2 Replies

Rajendra Prabhu (Associate ) (59 Points)
Replied 08 May 2020

Dear Pep Consultancy,

Yes . They can claim refund, notification 56/2019 clarifies , refer Statement 4A.

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 09 May 2020

No .... if supplier (DTA) is claiming refund for the same then Sez cannot claim Refund (refer 3rd Provisio under Section 54(3) of CGST Act) .
So if Supplier files refund application RFD01 with Statement 4 in term of Notification 56/2019 CT (R) , then Sez cannot file refund for the same under statement 4a.

Moreover In term Notification 15/2017- Integrated Tax (Rate)
Sez are Exempted to pay IGST charged by Supplier (DTA) on Bill