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Manner of filing refund of unutilized ITC on account of export of electricity - GST - States - CCT/26-4/2022-23/F/1327

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..... e details of shipping bill/bill of export in respect of such refund of unutilised ITC in respect of export of goods. Accordingly, a clause (ba) has been inserted in sub-rule (2) of Rule 89 and a Statement 3B has been inserted in FORM GST RFD-01 of the Goa GST Rules, 2017 vide notification No. 38/1/2017-Fin(R&C)(232)/529, dated 08-07-2022. In order to clarify various issues and procedure for filing of refund claim pertaining to export of electricity, the undersigned, in exercise of its powers conferred by Section 168 of the Goa GST Act, hereby prescribes the following procedure for filing and processing of refund of unutilised ITC on account of export of electricity: 2. Filing of refund claim: 2.1 Till the time necessary changes are carr .....

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Manner of filing refund of unutilized ITC on account of export of electricity - GST - States

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..... 54 of the Goa GST Act, 2017, time period of two years from the relevant date has been specified for filing an application of refund. Electrical energy is in nature of “goods” under GST and is exported on a continuous basis through the transmission lines attached to the land. Therefore, it is not possible to determine the specific date on which a specific unit of electricity passes through the frontier. However, a statement of scheduled energy for export of electricity by a Generation Plant is issued by Regional Power Committee RPC Secretariat, as a part of Regional Energy Account (hereinafter referred to as “REA”) under Regulation 2(1)(nnn) of the Central Electricity Regulatory Commission (Indian Electricity Grid Cod .....

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Manner of filing refund of unutilized ITC on account of export of electricity - GST - States

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..... Committee (RPC) Secretariat, as uploaded on the websites of RPC Secretariat, can be downloaded by GST officers as well as the concerned electricity generator for the purpose of refund under Rule 89(4) of Goa GST Rules 2019. The calculation of the value of the exports of electricity during the month, can be done based on the quantity of scheduled electricity exported during the month by the exporter (as detailed in the REA for the month)and the tariff rate per unit (details of which will have to be provided by the concerned exporter based on agreed contracted rates). 4.3 It is also mentioned that usually, the quantum of electricity exported as specified in the statement of scheduled energy exported and on invoice should be same. However, in .....

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Manner of filing refund of unutilized ITC on account of export of electricity - GST - States

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