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TMI BlogGST REFUNDX X X X Extracts X X X X X X X X Extracts X X X X ..... GST REFUND X X X X Extracts X X X X X X X X Extracts X X X X ..... D STRUCTURE. IS ANY OPTION AVAILABLE TO FILE REFUND OTHER THEN GOODS EXPORTED UNDER LUT. 2. PLEASE SUGGEST WHILE FILLING REFUND UNDER LUT, GOODS EXPORTED WITHOUT PAYMENT OF TAX. DEPARTMENT DISALLOW CLAIM ON CAPITAL GOODS & SERVICES. DUE THIS HUGE AMOUNT OF CAPITAL BLOCKED. ANY WAY TO GET REFUND OF CAPITAL GOODS/ SERVICES. AS ASSESSE IS FILLING REFUND EVERY MONTH & EVERY MONTH INPUT IS EXCESS THA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... N OUTPUT LIAB. ANY SUGGESTION. Reply By CAVenkataprasad Pasupuleti: The Reply: Section 54 (3) of CGST act, 2017 restricts simultaneous claim of refund of ITC (due to inverted duty) & exports with IGST payment. You can shift to LUT option wherein inputs & service ITC is refundable and the ITC on capital goods is also legally contestable to get the refund. You can look at procuring without GST f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom the suppliers against advance authorisation/Epcg license thereby you can arrest the ITC accumulation and exhaust the existing ITC. Reply By Kashish Gupta: The Reply: Dear Suraj Bajaj Ji, In my view, you can claim refund under inverted duty structure even if goods are being exported on payment of integrated tax. The third proviso to section 54(3) to Central Goods and Services Tax Act, 2017 h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as no application for claiming refund under inverted duty structure with corresponding claim of refund when the goods are exported on payment of IGST after 30.09.2017. We have dealt with various cases and have been able to convince jurisdictional authorities. Nevertheless, refund after exporting goods under LuT is allowed and under that option refund of input as well as input services is availabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e [Refer rule 89(4) of Central Goods and Services Tax Rules, 2017]. Reply By CSSANJAY MALHOTRA: The Reply: Dear Mr. Suraj, Seems you are not able to put across your query correctly. As per query raised, GST on Leather (Input for you) is 5%. Further, you Export leather goods (FG- Output) on payment of IGST @5% (Don't know which product you export). Where is the question of Inverted Duty Stru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cture??? Please validate above and if the above is correct, then you get answer to Chemical consumption in process. X X X X Extracts X X X X X X X X Extracts X X X X
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