Refund for merchant exports against purchase at 0.1%

406 views 1 replies
User Avatar

Accountant
380 Points Posted on 26 September 2018

Hi All,

We are Merchant Exporters and are Exporting against LUT without payment of Tax. We are procuring material from Suppliers at 0.1% Tax rate. Now, we are applying for refund and can we claim the refund of that 0.1% Tax also. Or is it inadmissable. 

Thanks n Regards

 

0 Reply Share Follow
On 26 September 2018 at 18:21 Report
Replies (1)
User Avatar

GST Practitioner
55067 Points Posted on 27 September 2018
Yes As per Section 54 (3) of the CGST Act, Subject to the provisions of sub-section (10), a registered person may claim refund of any unutilized input tax credit at the end of any tax period:
1 Reply
On 27 September 2018 at 09:06

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Free CA Foundation Study Material - PYQs with Sugg
  2. INCOME TAX
  3. Moving from old to new tax regime after notice
  4. Need urgent help on notice
  5. ITR-3 - F&O Loss adjusted against business inc
  6. Error - Blank Rows in Schedule SI (ITR-2)
  7. Dividend from co-operative society
  8. SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
  9. TDS u/s.194C returns filed in ITR-1
  10. TDS on Property - Form 26QB Related

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details