I made an export with the payment of tax. While filing gstr3b, I offset output liability with ITC. Now my question is when I file refund application- annexure B (statement of ITC to be submitted with application for refund of unutilized ITC), whether i will give details of all invoices related to inward supply or the only invoices related to inwards supply in respect of which ITC is not offset with output tax liability?
Menu
REFUND IN CASE OF EXPORT WITH PAYMENT OF TAX
Replies (1)
The export made with payment of tax i.e utilising the ITC is not to be included in the refund calculation. So the refund of ITC proportionate to the Export turnover with payment of tax will be automatically reduced.
Recent Threads
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
Related Threads
CAclubindia
