GST INPUT REFUND ON SUPPLIES MADE TO SEZ UNIT
Query (Issue) Started By: – TAHA CHECHATWALA Dated:- 6-8-2018 Last Reply Date:- 16-8-2018 Goods and Services Tax – GST
Got 10 Replies
GST
Dear All,
\nOur client is providing services to a SEZ unit and accordingly claims refund of GST paid on inputs utilized for the purpose of such services. Our client files its GSTR 1 on monthly basis and accordingly claims refund of tax paid on inputs for that particular month.
\nMy query is, if suppose our client provides services in the month of july and made purchases for that purpose but the project does not get completed in july and continues in the month of august. Now in august also our client made some purchases and paid tax on them. Project <\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n in making supply in the month of aug. Hence July input refund is eligible. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n l does not accept the net ITC column to have number more than the credit availed for the month as per Electronic Credit Ledger. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST INPUT REFUND ON SUPPLIES MADE TO SEZ UNIT Query (Issue) Started By: – TAHA CHECHATWALA Dated:- 6-8-2018 Last Reply Date:- 16-8-2018 Goods and Services Tax – GSTGot 10 RepliesGSTDear All, Our client is providing services to a SEZ unit and accordingly claims refund of GST paid on inputs utilized for the purpose of such … Continue reading “GST INPUT REFUND ON SUPPLIES MADE TO SEZ UNIT”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13086","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/13086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13086"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/13086\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nReply By TAHA CHECHATWALA:
\nThe Reply:
\nThank you experts for your kind reply.
\nReply By KASTURI SETHI:
\nThe Reply:
\nDear Querist,
\n My views are as under :-
\n * Your client is talking of claim for refund of tax (input tax) on inputs or input services used in making zero- rated supplies and NOT talking of claim for refund of IGST paid on outward supplies to SEZ Unit.
\n * Your client is to prove that ITC has been accumulated (unutilised) due to exports or supplies to SEZ Unit and NOT to prove the payment of IGST on outwards supplies.
\n * Your client should be concerned with sufficient credit balance during the relevant tax period.
\n * There is no requirement of one-to<\/p>\n
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\nIllustration
\nCredit availed in July – total ITC 40,000\/- . No outward SEZ supplu invoice raised in July.
\nCredit availed in August – ₹ 70,000\/-. Outward sez supply raised in August.
\nSo legally assessee is eligible to claim a refund of entire ITC of ₹ 1,10,000\/-.
\nHowever at the time of filing RFD-01A, statement 5A does not allow to enter refund amount more than ₹ 70,000\/-. Thus as of now, you can claim refund of only ITC availed in August.
\nShould wait for the portal to be reconfigured.
\nReply By TAHA CHECHATWALA:
\nThe Reply:
\nThank You Mr Vijay Singh. We are facing the same problem as illustrat<\/p>\n
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