Dear Experts,
We are a manufacture and exporter of TEA. We are charged CESS on our Coal purchases . Can we claim refund on Cess paid.
I would be thankful for the clarification.
4 Replies
Pankaj Rawat
(GST Practitioner)
(55062 Points)
Replied 13 July 2018
No you can't , ....
input cess can only setoff against Output cess
input cess can only setoff against Output cess
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 13 July 2018
Circular No. 1/1/2017-Compensation Cess dated: 26th July, 2017
provisions of section 16 of the IGST Act, 2017,Exporter will be eligible for refund of input tax credit of Compensation Cess relating to goods exported
Pankaj Rawat
(GST Practitioner)
(55062 Points)
Replied 14 July 2018
YES ,.. THE ONLY IS THE CONDITION IS THAT YOU ARE EXPORTER & EXPORTING YOU GOODS IN THAT CASE YOU CAN CLAIM REFUND FOR CESS
OTHERWISE THE CIRCULAR 1/1/2017 DEFINES THE APPLICABILITY OF CESS NOT HE REFUND OF CESS
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