Goods and Services Tax – Started By: – MohanLal tiwari – Dated:- 11-7-2017 Last Replied Date:- 6-2-2018 – 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 advise what are the options to utilize the accumulated ITC. – Reply By Kishan
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =