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TMI BlogRefund of ITC of Expoer of Service without payment of TaxX X X X Extracts X X X X X X X X Extracts X X X X ..... Refund of ITC of Expoer of Service without payment of Tax X X X X Extracts X X X X X X X X Extracts X X X X ..... have mentioned service turnover Rs. 10 lac. In Statement -03, all 5 invoices of Rs. 10 lac are shown with payment recd of Rs. 10 lac in refund applition of FY 2021-22. Officer raised query in RFD-08, saying turnover is not as per Rule 89(4)(D) and in Statement -03 for FY 2021-22 we have also shown FIRC detail of Rs. 1 lac recd in May 2022. What detail of turnover and consideration should i ment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion in Statement -03 of FY 2021-22 ? Now as i reported wrong details what option do i have ? Although, change in turnover will not make any differene in refund amount of ITC as no other turnover is there. Reply By Padmanathan Kollengode: The Reply: Pls find Rule 92(3) enclosed: (3) Where the proper officer is satisfied, for reasons to be recorded in writing, that the whole or any part of the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mount claimed as refund is not admissible or is not payable to the applicant, he shall issue a notice in FORM GST RFD-08 to the applicant, requiring him to furnish a reply in FORM GST RFD-09 within a period of fifteen days of the receipt of such notice and after considering the reply, make an order in FORM GST RFD-06 sanctioning the amount of refund in whole or part, or rejecting the said refund c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... laim and the said order shall be made available to the applicant electronically and the provisions of sub-rule (1) shall, mutatis mutandis, apply to the extent refund is allowed: Since officer as issued RFD-08 Notice for rejection of application for refund, you have to file reply in RFD-09 Reply to show cause notice within 15 days. In the said reply, kindly mention the fact that you do not have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any other turnover except this export turnover and this difference of 1 lakh in 'turnover of zero-rated supply' will not change the refund amount claimed by you. It will be better to show a table working out refund with 'turnover of zero-rated supply' as 9 lakhs and 10 lakhs, which will help the officer to understand better. Reply By Kapil Gupta: The Reply: Dear Rahul ji, As pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r rule 89, refund of IGST paid on export of services can be claim when the payment has been received from customer against such services. In your case, 9 lacs received in FY 21-22 then you have to mention only those invoices which pertains to the payment of such 9 lacs only in statement 03 at the time of filing of refund for fy 21-22. For balance Rs. 1 lac which you have received in May 2022 will ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be shown in refund application for may 2022 only.
Calculate refund according to 9 lac only and file your reply, the refund will be sanctioned proportionately. X X X X Extracts X X X X X X X X Extracts X X X X
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