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ITC accumulated due to inverted tax structure against supplies @.1%

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..... ITC accumulated due to inverted tax structure against supplies @.1%
Query (Issue) Started By: - MohanLal tiwari Dated:- 19-1-2019 Last Reply Date:- 21-1-2019 Goods and Services Tax - GST
Got 6 .....

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..... Replies
GST
Dear Panelists, We are supplying goods to indigenous customers including Indian railway as well direct exports and through merchant exporters. We have got huge ITC accumulated due t .....

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..... o supplies of goods to Railway way parts (HSN 8607) and supplies to merchant exporters @.1%. Kindly advise whether we should file claim for refund under Head " ITC accumulated due to inverted ta .....

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..... x structure". Reply By SHARAD ANADA: The Reply: Refer Circular No. Circular No. 37/11/2018-GST Dated the 15th March, 2018 para 13 Reply By SHARAD ANADA: The Reply: In case of supply to railwa .....

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..... y you are not eligible for refund of ITC accumulated due to inverted tax structure against supplies @.1%. Refer Notification 5/2017 CT (Rate) Dated 28-06-2017 Reply By DR.MARIAPPAN GOVINDARAJAN: The .....

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..... Reply: I endorse the views of Shri Sarad. Reply By YAGAY andSUN: The Reply: We also endorse the views of our experts. Reply By KASTURI SETHI: The Reply: Sh.Sharad Anada is really hard worker. He .....

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..... infuses life into his reply. Reply By MohanLal tiwari: The Reply: Thanks Mr Sharad, Could you please advise how to work out amount of refund in case of goods supplied to merchant exporters @0.1%.< .....

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..... br> Discussion Forum - Knowledge Sharing .....

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