Menu
Refund under inverted duty structure knitted kids wear garments
Is refund can be cliamed on knitted kids wear garments under invented duty structure?
Replies (11)
You will have to see if your inputs have higher rates than outputs then refund can be claimed.
Yes it's higher
Then claim refund ..........
We can cliam only on inputs right and not on input services and capital goods?
You may claim refund on input services and capital goods too.
refund under iverted duty structure not allowed on input services and capital goods, it is only available in respect of input goods.
For inverted duty structure refund refund on input services and capital goods not allowed. Although they are part of details they are not part of calculations. Details has to be filled in relevant formats.
Only on inputs
What are the documents to be uploaded with refind of unutilized ITC due to exports
1.Copy of GSTR 2A of relevant period.
2. Statement of Invoices (Annexure B)
3. Shipping bill in case of export made through non-EDI ports
Declaration to be filled online :
Declaration under 2nd & 3rd proviso to section 54(3)
Undertaking in relation to section 16(2)(c)
Statement 3 under rule 89(2)(b)
For more details can refer Circular 125/44/2019 GST
2. Statement of Invoices (Annexure B)
3. Shipping bill in case of export made through non-EDI ports
Declaration to be filled online :
Declaration under 2nd & 3rd proviso to section 54(3)
Undertaking in relation to section 16(2)(c)
Statement 3 under rule 89(2)(b)
For more details can refer Circular 125/44/2019 GST
Also refer circular 135 since certain formats were updated
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
