Supply to merchant exporter

CA Rapunzel (Chartered accountant) (172 Points)

20 October 2023

We are supplying to merchant exporter in ahmedabad by charging CGST and SGST @ .05%.

CAn we claim refund of ITC for such sales made to exporter?

Thank you.

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6 Replies

V SUBRAMANIAM (500 Points)
Replied 21 October 2023

Yes u can claim under inverted duty structure
see section 54

CA Raj Doshi (Practising CA) (8735 Points)
Replied 06 November 2023

Dear V Subramanian sir, can you please confirm if you have done it practically and succeeded. As it will help my clients.

V SUBRAMANIAM (500 Points)
Replied 06 November 2023

Product name please

CA Raj Doshi (Practising CA) (8735 Points)
Replied 06 November 2023

Any product which is purchased at 18% but sold at 0.1%

V SUBRAMANIAM (500 Points)
Replied 06 November 2023

Some products u can't claim.
coal, vegetable oil, fabric etc

CA Raj Doshi (Practising CA) (8735 Points)
Replied 06 November 2023

Ok thank you sir. I understand that practically refund under inverted duty structure is possible for most of the goods.

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