Just a moment...

Report
FeedbackReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /

ROSL scheme and ITC under GST

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....OSL scheme and ITC under GST<br> Query (Issue) Started By: - Raveendran PM Dated:- 26-5-2023 Last Reply Date:- 29-5-2023 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>Please comment on below views : 1. I have been making export of goods directly to outside India as well as merchant exporter @ 0.1.% under GST. Can I claim RoDTEP? Ans: Ans: Benefit of RoDTEP could be claimed in respect....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of the goods directly exported from India to outside India in respect of goods manufactured in India. In respect of goods cleared on payment of GST @ 0.1%, no RoDTEP benefit would be admissible to the person making physical exports of goods, not to the merchant exporter. 2. Whether goods can be exported on payment of GST while claiming the benefit of RoDTEP? Ans: There are no restrictions as o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f now in the GST provisions to restrict the benefit of making export of goods on payment of GST simultaneous to claiming benefit of RoDTEP. Reply By KASTURI SETHI: The Reply: Dear Sir, Pl. peruse para no.4.54(i) to 4.54(xii) of FTP 2023 and Notification No.24/23-Cus-(NT) & 25-CUS-(NT) both dated 1.4.23 and 4.55 of FTP 2023. The whole scenario will be clear. Reply By Shilpi Jain: The Reply: Yo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ur views are appropriate Reply By Raveendran PM: The Reply: On referring, quickly understand that RoDTEP includes non efundable portion of GST and hence no restcition to claim , otherwise. Kindly enlighten. Reply By Raveendran PM: The Reply: Also understand that the restriction may atttract, where refund of accumulated ITC, but not under wiyj payment option . Is it correct ?<br> Discussion....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Forum - Knowledge Sharing ....