Refund for merchant exports against purchase at 0.1%

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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

 

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On 26 September 2018 at 18:21 Report
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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:
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On 27 September 2018 at 09:06

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