ROSL scheme and ITC under GST

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..... ROSL scheme and ITC under GST
Query (Issue) Started By: - Raveendran PM Dated:- 26-5-2023 Last Reply Date:- 29-5-2023 Goods and Services Tax - GST
Got 4 Replies
GST
Please comment on below views : 1. I have been making export of goods directly to outside India as well as merchant exporter @ 0.1.% under GST. Can I claim RoDTEP? Ans: Ans: Benefit of RoDTEP could be claimed in respec .....

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..... t of the goods directly exported from India to outside India in respect of goods manufactured in India. In respect of goods cleared on payment of GST @ 0.1%, no RoDTEP benefit would be admissible to the person making physical exports of goods, not to the merchant exporter. 2. Whether goods can be exported on payment of GST while claiming the benefit of RoDTEP? Ans: There are no restrictions as .....

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..... of now in the GST provisions to restrict the benefit of making export of goods on payment of GST simultaneous to claiming benefit of RoDTEP. Reply By KASTURI SETHI: The Reply: Dear Sir, Pl. peruse para no.4.54(i) to 4.54(xii) of FTP 2023 and Notification No.24/23-Cus-(NT) & 25-CUS-(NT) both dated 1.4.23 and 4.55 of FTP 2023. The whole scenario will be clear. Reply By Shilpi Jain: The Reply: Y .....

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..... our views are appropriate Reply By Raveendran PM: The Reply: On referring, quickly understand that RoDTEP includes non efundable portion of GST and hence no restcition to claim , otherwise. Kindly enlighten. Reply By Raveendran PM: The Reply: Also understand that the restriction may atttract, where refund of accumulated ITC, but not under wiyj payment option . Is it correct ?
Discussio .....

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..... n Forum - Knowledge Sharing .....

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