Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

ROSL scheme and ITC under GST

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 respect 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 wo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uld 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 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... = 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 = Your views are appropriate - Reply By Raveendran PM - The Reply = On referring, quickly understand that RoDTEP includes non efundable portion of GST .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 ? - ROSL scheme and ITC under GST - Query Started By: - Raveendran PM Dated:- 26-5-2023 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion F .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... orum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates