gst refund on deemed export

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..... Respected Sir / Madam, Suppose I have purchased Raw Material worth ₹ 10,00,00,000.00 G.S.T. rate 5 % therefore input G.S.T. is ₹ 50,00,000.00 now i have sold goods worth ₹ 5,00,00,000.00 for ₹ 7,50,00,000.00 as domestic sale G.S.T. rate 5 % and goods worth Rs. 50,00,000.00 for Rs 7,50,00,000.00 as deemed export rate 0.1 %. Therefore my total output G.S.T. stands for ₹ .....

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..... ; 37,50,000.00 for domestic and ₹ 75,000.00 for deemed export. My question is whether i am eligible refund of remaining input G.S.T. or not and if i am eligible for refund then under which scheme am i eligible for refund i.e. whether refund under unutilised credit or under inverted tax structure. How much amount i can claim for refund and what will be the calculation. Please help by giving .....

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..... your precious advice in details - Reply By YAGAY andSUN - The Reply = You would able to claim the full ITC. However, the merchant exporter would be required to provide you the documentary evidence of final export of goods. - Reply By Spudarjunan S - The Reply = Dear Sir, Kindly clarify whether you are engaged in Merchant Export Transaction as per notification no.40/2017 C.T(R) dated 23rd .....

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..... October 2017 / 41/2017 I.T(R) dated 23rd October 2017 . If so you can go for refund under Rule 89 (4B) of CGST rules . You will get refund of input and input services used for making such supplies. - Reply By SHARAD ANADA - The Reply = You are eligible for refund as inverted dutyd. PL refer circular No 37/11/2018 Para 13 - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = I en .....

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..... dorse the views of Shri Sharad - gst refund on deemed export - Query Started By: - Pabitra Basak Dated:- 1-2-2019 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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