CCI Online Learning
What do you want to learn today?
     
CIBIL

Upgrad

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

gst refund


Proportionate gst refund formula (export and local sales)

if 50% local sale and 50% export out of India against LUT sales. can we claim full igst paid on imports used in both sales or only 50%? i feel only 50% of total igst paid in imports (that can be said that were used in exports out of india) should be claimed as gst refund. am i wrong? regards, ca kunjan, mumbai..

Posted in experts |   1 comments |   1 Views


GST Refund Clarification Dated 10th June 2020

Recently the Central Board of Indirect Tax and Customs (CBIC) has issued a clarification related to Refund of ITC under form GSTR 2A. We'll quickly go through the history of in brief. IN BEGINNING: The refund was being granted in respect of all credits availed. The credit availed also includes the missing invoices (not reflected in GSTR-2A) which were uploaded by applicant in refund application on GST Portal. The applicant was also able to avail credit in respect of RCM, ISD,..

Posted in articles |   1344 Views


Bajaj Finserv



Popular Articles


loading

CCI Articles

submit article

Stay updated with latest Articles!





GST Live Class    |    x