Merchant Export by a manufacturer

Dear Sir

For a Merchant Export transaction, we charged IGST @ 0.1% & claimed regular ITC @ 18% on our Inputs.

So, do we need to Reverse the proportionate ITC ? or can we set off the excess ITC with our liability of other Regular Outward supplies  ?

Thanks !

Replies (2)
Quick Summary
A manufacturer is seeking clarification on GST implications for merchant exports. They charged IGST at 0.1% and claimed full ITC at 18% on inputs. The core question is whether they must reverse the proportionate ITC or if the excess ITC can be offset against liabilities from other regular outward supplies. Advice suggests exploring a refund application if ITC was paid on export goods, contingent on GSTR 2A/2B reconciliation and valid LUT.

Dear All,

Please see below query & look forward to your valuable comments.

 

U have already been claimed itc on ur export goods , may u can file a refund application ,but to do it ,u may confirm that, u have paid ur itc liability on that export goods as per gstr 2A or 2B and ur LUT exist on which export by this time.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details