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Refund of accumulated ITC on account of export without payment of IGST

Goods and Services Tax - Started By: - Narendra Soni - Dated:- 6-12-2017 Last Replied Date:- 14-12-2017 - Dear ExpertKindly suggest, whether, Only Sale invoices will be considered for Adjusted Total Turnover in formula of refund of accumulated ITC.Wh .....

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under subsection (112) of section 2, As per Sec 2(112) - Turnover means aggregate value of all taxable supplies . In my view , Adjusted total turnover is only taxable supplies and advance received and debit note shall not be considered for the purpo .....

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