Home Forum Goods and Services Tax - GST Month 4 2020 2020 (4) This
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GST REFUND - Goods and Services Tax - GSTExtract 1. WE EXPORTED LEATHER GOODS, GST RATE ON LEATHER IS IS 5%. HOWEVER CHEMICAL USED IN PROCESS IS AT RATE OF 18%. IF I CHARGE IGST ON BILL THEN I ELIGIBLE FOR GST REFUND OF 5%. THEN AGAINST SAME BILL I AM NOT ABLE TO FILE APPLICATION UNDER INVERTED STRUCTURE. IS ANY OPTION AVAILABLE TO FILE REFUND OTHER THEN GOODS EXPORTED UNDER LUT. 2. PLEASE SUGGEST WHILE FILLING REFUND UNDER LUT, GOODS EXPORTED WITHOUT PAYMENT OF TAX. DEPARTMENT DISALLOW CLAIM ON CAPITAL GOODS SERVICES. DUE THIS HUGE AMOUNT OF CAPITAL BLOCKED. ANY WAY TO GET REFUND OF CAPITAL GOODS/ SERVICES. AS ASSESSE IS FILLING REFUND EVERY MONTH EVERY MONTH INPUT IS EXCESS THAN OUTPUT LIAB. ANY SUGGESTION.
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