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ITC Cess refund on export of car

Goods and Services Tax - Started By: - saket s - Dated:- 14-6-2018 Last Replied Date:- 15-6-2018 - Hi, Need some input under following scenario. We locally purchase cars (at GST 28% + Cess 22% = 50%) and export the same. We do not have any local sale .....

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mount = (Turnover of zero-rated supply of goods + Turnover of zero-rated supply of services) x Net ITC ÷ Adjusted Total Turnover reduces our ITC refund substantially. Since our total exports is less than 10% and further the car exports is less .....

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d as refund. Is there any way we can avail/utilize ? Saket - Reply By Alkesh Jani - The Reply = Sir, Please refer Section 9 (1)(c) of GST (Compensation to the States) Act,2017, under which you can claim for refund. Please also refer definitions of Ce .....

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