IGST on direct export of goods
Query (Issue) Started By: – MohanLal tiwari Dated:- 11-7-2017 Last Reply Date:- 6-2-2018 Goods and Services Tax – GST
Got 5 Replies
GST
Dear All,
We are manufacturing and supplying our products to Indian customers including Railways & defence and to foreign buyers. kindly clarify for the following issues:
1. Whether we can export the goods on payment of applicable IGST and get refund.
2. The ITC taken on inputs for manufacturing of goods for exports can be used for payment / adjustment of GST payable on other goods / service supplies.
3. Some of our products are falling under 8607 GST @ 5% but all the inputs for the same are procured @18%. Accordingly the ITC will get accumulated. Please advis
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TC only if you have purchase bill for raw materials in IGST, if your Supplier is local then also you need to avail bill with IGST "Supply ment for Exports" & you will get 90% refund in 6 to 10 days after filing of Shipping Bill for exports where LEO number is generated & 10% after proper scrutiny.
Exports under GST are Zero Rated.
Reply By MohanLal tiwari:
The Reply:
Dear Panelists,'
We have exported goods on payment of IGST during July to Nov'17 and furnished required details of shipping bill etc on GST portal while submitting GTR-1. Though it is declared repeatedly for refund but till date we have not received a single refund.
Kindly advise how to expedite the the refunds of IGST paid on Export of goods.
Discuss
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