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DECLARATION UNDER NOTFN 16/2020 (CT) FOR CLAIMING GST REFUND ON EXPORTS - Goods and Services Tax - GSTExtract As per Central Tax Notification 16/2020 , the turnover declared for zero rated value of exports should be 1.5 times of the value of similar product sold in domestic market (or) the actual value of export whichever is less. Understand that dept., is seeking a Declaration from the refund applicant to process the claim application. The Notification given by the Board does not hold any format attached. I request the experts or regular refund applicants, who has such declaration format, to share the same over here.
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