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TMI BlogSIMULTANEOUS CLAIMS OF REFUND OF GST DUE TO EXPORT UNDER LUT AND INVRETED DUTY STRUCTUREX X X X Extracts X X X X X X X X Extracts X X X X ..... Is it it possible for a manufacturer making domestic as well as export sales, where inverted duty structure is applicable, to claim simultaneous refund on account of exports under LUT and inverted dut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y structure or that only one of above can be claimed. If yes whether any specific provision permits so. - Reply By Rajagopalan Ranganathan - The Reply = Sir, When you claim a refund of tax (CGST, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SGST or IGST) paid on the inputs and capital goods used for the manufacture of export goods, it covers the actual credit taken by you. Therefore you cannot claim a refund due to the inverted duty str ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ucture again in respect of the same inputs and capital goods. The credit already taken by you is higher than the tax payable on exported goods due to inverted duty structure and this credit is claim ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed as refund by you due to export of goods under LUT without payment of IGST on the export goods. - SIMULTANEOUS CLAIMS OF REFUND OF GST DUE TO EXPORT UNDER LUT AND INVRETED DUTY STRUCTURE - Query S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tarted By: - KULJIT SINGH Dated:- 25-4-2022 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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