PROCESS OF REFUND IN CASE OF EXPORT( INCLUDING DEEMED EXPORT) OF GOODS/SERVICES
-Verification - The Import Export Code(IEC) details of taxpayer will be captured at the time of issuance of GSTIN and the same will be verified online with Directorate General of Foreign Trade (DGFT).
-Application - The refund of Input Tax Credit/rebate of GST paid on imported goods may be granted on submission of application to this effect by the taxpayer.
-Since the trigger point for refund is export of goods, therefore the event of export will be verified online.
-Linkage between ICEGATE of Custom Administration and the proposed GSTIN of GST administration may be established so that online verification of export can be carried out.
-Invoice wise sale/purchase details by the taxpayers (filed with monthly returns) can be linked with Customs data (for export cases) available with ICEGATE.
-Verification - The Import Export Code(IEC) details of taxpayer will be captured at the time of issuance of GSTIN and the same will be verified online with Directorate General of Foreign Trade (DGFT).
-Application - The refund of Input Tax Credit/rebate of GST paid on imported goods may be granted on submission of application to this effect by the taxpayer.
-Since the trigger point for refund is export of goods, therefore the event of export will be verified online.
-Linkage between ICEGATE of Custom Administration and the proposed GSTIN of GST administration may be established so that online verification of export can be carried out.
-Invoice wise sale/purchase details by the taxpayers (filed with monthly returns) can be linked with Customs data (for export cases) available with ICEGATE.
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