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Query on GST Refund, Goods and Services Tax - GST

Issue Id: - 117009
Dated: 12-2-2021
Query on GST Refund

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A Company's main operations are export of services(zero rated).Company has LUT also. Company has GST input in electronic credit ledger pertaining to FY17-18. Now can the company raise an invoice with GST (for export of service) , adjust the input available and claim the same as refund ?

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Showing Replies 1 to 4 of 4 Records

1 Dated: 15-2-2021
By:- Rajagopalan Ranganathan


There is no time limit to utilize the input credit. Therefore you can utilize the input credit earned in 2017-18 now for payment of IGST on export of service and can claim the same as refund. However the Department may raise an objection that you have executed LUT and you can export without payment of IGST. For the reason of encashing the input credit earned in 2017-18 you are exporting the service on payment of IGST. Moreover the refund claim will be treated as time barred.

2 Dated: 16-2-2021
By:- Shilpi Jain

There is no time limit for utilization of credit under GST. Further there is no condition that the tax paid on export of service should not pertain to past years. Also, merely having taken LUT will not mean that you cannot export with payment of tax. So in my view you can proceed to export with payment of tax to encash the past credits since there is no specific restriction in the law.

3 Dated: 18-2-2021
By:- Ganesh S

In case you have capital goods credit, it is better to pay IGST and claim the refund than go for un-utilized ITC refund.

4 Dated: 23-2-2021
By:- Ganeshan Kalyani

Yes, you can do export with payment of IGST and claim refund thereof.


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