GST refund on exports

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..... GST refund on exports
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 25-1-2021 Last Reply Date:- 26-1-2021 Goods and Services Tax - GST
Got 2 Replies
GST
XYZ applied GST refund o .....

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..... n goods supplied on payment of GST. Turnover of zero-rated supply of goods, means, value of zero-rated supply made without payment of tax under LUT or value which is 1.5 times the value of like goods .....

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..... domestically supplied whichever is less. Department wants to confirm that the products for which refund claimed fulfils the criteria of 1.5 times value. Is the department right in asking for this info .....

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..... rmation? If yes under which provisions? Reply By Shilpi Jain: The Reply: This is as per rule 89(4)(C) of the CGST Rules, in the context of refund for export of goods under LUT. Should not be applica .....

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..... ble for export with payment of tax. Reply By KASTURI SETHI: The Reply: I agee with Ms.Shilpi Jain, an expert. Actually, her reply has enriched my knowledge.
Discussion Forum - Knowledge Sharing .....

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