Day: December 21, 2017

Manual filing and processing of GST refund claims on account of inverted duty structure, deemed exports and excess balance in electronic cash ledger

Manual filing and processing of GST refund claims on account of inverted duty structure, deemed exports and excess balance in electronic cash ledger Circular No.24/24/2017-GST F. No. 349/58/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, …

What is zero rated supply turnover for ITC refund?

Zero rated Supply Turnover is the value of total supplies made on account of exports out of India including export to SEZ for the period for which refund of ITC has been sought for. Refund of ITC paid on export of goods and services without payment of integrated …