WHAT IS THE PROCEDURE OF REFUND FOR EXPORT OF GOODS TO NEPAL IN CASE WHERE SALE IS MADE WITH PAYMENT OF TAX DURING 2018-19. DO WE HAVE TO FILE RFD-01 ??
Menu
REFUND ON EXPORT OF GOODS TO NEPAL
Replies (3)
Yes I think you need to file RFD_01 for claiming refund.
No not required to file RFD 01.
Export of goods to Nepal fulfils the condition of GST Law regarding taking goods out of India. Hence, export of goods to Nepal will be treated as zero rated and consequently will also qualify for all the benefits available to zero rated supplies under the GST
The shipping bill filed with the Customs is treated as an application for refund of IGST and shall be deemed to have been filed by furnishing of a valid return in Form GSTR-1 & GSTR 3B by the applicant.
so once you have furnished the export details in GSTR 1 & GSTR 3B it's deemed that application for refund being filed .
Export of goods to Nepal fulfils the condition of GST Law regarding taking goods out of India. Hence, export of goods to Nepal will be treated as zero rated and consequently will also qualify for all the benefits available to zero rated supplies under the GST
The shipping bill filed with the Customs is treated as an application for refund of IGST and shall be deemed to have been filed by furnishing of a valid return in Form GSTR-1 & GSTR 3B by the applicant.
so once you have furnished the export details in GSTR 1 & GSTR 3B it's deemed that application for refund being filed .
Note : When goods is exported through Land Custom , Bill of Export is filed at India Border .
Recent Threads
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
- VAT deducted by Saudi company
- RCM doubt please clarify
- Should open NRO account?
- Which IT section applicable for cash transaction i
- ITR -property dealer
Related Threads
CAclubindia
