Question ID :
38168
Merchant exporter
my one client,(A) is merchant exporter want to avail the benefit of concessional rate of .1 percent in purchase. But he has all purchase From his another company (X) . Another company has major sales to A . How the company X claims its unused ITC . Because his purchase GST rate 18% but sale gst rate .1% . What is the procedure company X to follow.???
Posted by
DIVYA SHARMA
on
May 29, 2019
Filed Under
GST
The Co.X supplying to A, the merchant exporter at the spl. rate of .1% gst can claim refund of IPT.
Posted by
CA. VENKITARAMAN K V on
May 29, 2019
Answer ID :
76684
refund can be filed under inverted duty structure
Posted by
CA JEET REWRI on
May 30, 2019
Answer ID :
76699
Only option is to file refund claim in Form RFD-01A.
Posted by
CA. chunauti dholakia on
May 31, 2019