Goods and Services Tax – Started By: – BalKrishan Rakheja – Dated:- 24-3-2018 Last Replied Date:- 25-3-2018 – A manufacutrer (Ltd Company) having one unit in Panchkula and another in Baddi (HP) (same name and same PAN) and engaged both are in manufacturing of medicine. Unit situated at Panchkula purchased the medicine from their Badi unit on payment of IGST and exported the same from the Panchkula premises in the same packing on same day after availing the ITC on these finished goods. The party export these goods (medicine) under LUT and now filed refund for accumulated ITC. on perusal of time of clearance invoices it also found that the difference of time of issuance of invoice from Badias well as from Panchkula is only 8-15 Minutes . Now
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
reply is as under:- (1) Yes.(2) Yes.(3) Sometimes timing set on the computer creates such problem. You are right to the extent that it is practically not feasible to reach the goods between 15-20 minutes. Journey takes more than one hour between Panchkula and Baddi. However, if your transaction is genuine, nothing to worry. Other supporting documents will come to your rescue i.e. Export docs, receipt of goods by foreign buyer, airway bill, foreign exchange, BRC, GR (consignment note) etc. In view of these docs, the error of timing would be treated as procedural/clerical/typographical lapse. – Reply By BalKrishan Rakheja – The Reply = Thanks Sethi Ji, Sir I am from Department and my confusion is that the party has submitted 4 claim for four
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =