Arihant Manpower Management Naranpura, Ahmedabad, Gujarat

GST Refund In case of Export of goods:    There are 3 ways to export goods in GST. 1) Export without payment of GST Tax (Without payment of IGST) -LUT Model 2) Export with payment of  GST Tax (Without payment of IGST) - Pay full GST get Refund of Full GST model - Payment model   3) 0.1% SCHEME FOR MERCHANT EXPORTER SCHEME All exports will be deemed as inter-State supplies. Exports of goods and services will be treated as zero rated supplies. The exporter has the option either to export under bond/Letter of Undertaking without payment of tax and claim refund of ITC or pay IGST by utilizing ITC or in cash at the time of export and claim refund of IGST paid. 1. EXPORT WITHOUT PAYMENT OF TAX (LUT)   Under this model you don't pay any GST on export of goods because export is Zero Rated Supply. This means that government will not charge an GST on export of goods or services. And if any GST have already been charged in earlier stages of purchase chain then it will refunded to the person who ultimately export the goods or services. This means that at the time of export sale of goods in international market, you don't have to pay any GST on export sales transaction and hencewhatever GST you have paid when you purchased the goods from domestic market remains unutilised or unsed. This unused GST paid at the time of purcahse is called Unutilized ITC of GST  and you will get refund of such untilized GST. It was unutilized because government has not charged any GST on export sales transaction and on domestic purchase transaction you must have paid GST to your supplier at the time of buying the goods.  You get the credit in of this GST paid at the time of purchase of goods if your supplier (person from whom you purchase the goods) has paid this amount to government honestly. This credit is called input tax credit.or ITC. This ITC remains unutilized because you don't have to pay GST at the time of export sales. In case of refund of IGST, the shipping bill filed with the Customs is treated as an application for refund if the exporter has filed a valid return in Form GSTR-3/3B and the person in-charge of the conveyance carrying the goods to be exported has furnished an export manifest/report. Upon receipt of information regarding furnishing of a valid return in FORM GSTR-3 or FORM GSTR-3B by the exporter from the Common Portal, the Customs authorities at the port of export shall process the claim for refund and an amount equal to the integrated tax paid in respect of each shipping bill shall be electronically credited to the bank account of the exporter.   Now you can get the refund of this unutilized ( unused ) ITC by applying online on GST portal in form RFD 01 online.   For refund of tax in case of export without payment of tax, LUT model, we charge seperate professional fees.   Seperate procedure including statements, refund calculations, annexures and undertakings need to be prepared for which seperate fees is charged based on volume of transactions       2. Export of Goods under LUT but purchase of Goods at 0.1%   Here, At the time of purchase of goods, instead of paying full GST, we GST pay 0.1%  only. The supplier will not charge the GST at full Rate (5%, 12 %, 18%, 28%), but he will charge nominal GST 0.1%. Merchant exporter is under obligation to export this goods within 90 days. Merchant exporter should mention the GST number and Tax invoice number of the supplier from whom he had purchased the said Goods. And eventually, he will also provide the shipping bill and EGM numner under which the said goods have been exported. But obviously, he can hide the buyer details in the shipping bill by scratching it out or hiding by whitener or just simply tear that part.  Simple.       3. . . EXPORT WITH PAYMENT OF TAX (IGST) As shipping bill itself is the application for Refund of tax paid, we just need to verify that all mandatory details of shipping bill are precisely entered in return (GSTR 1 and GSTR 3b),  satisfying requirement of GST p

Number Of Flower : GST refund for exporters of Goods and Services

Location : all over India

Tyoe : GST refund of Exports of Goods with payment of IGST and Export of goods under LUT without IGST

Mode Of Service : online through GST and iceagte portal

Payment Mode : Googlepay

Type of Service : online Tax consultancy services

Type Of Ownership : proprietorship

Time : 7 to 30 days

use of icegate registration with digital signature. : icegate registration is official registration on customs website. on icegate website we can you use many functions like ad code registration on all ports of india, rodtep benefit, rodtep transfer (sale of escrip), refund tracking, egm number tracking of a shipping bill number etc. icegate registration is done with the help of class 3 digital signature. if you are importer, you can save your import duty by purchasing rodtep scrip from exporters. exporters get this scrip as an export incentive. if you are exporter, you can generate e-scrip (as an incentive of exports) and sell the e-scrip to importers. these scripts can be sold to any importer who want to pay basic customs duty. bcd( basic customs duty ) can be paid with e-scrip.   #docsforicegate documents for icegate registration and rodtep account creation: 1. digilocker id and password : digilocker account of the person whose dsc is used. name on iec, name as per aadhr and name as per pan database should be exactly same then only it will verified. : digilocker link from playstore:   apple link for digilocker  :   2. self attested iec code with sign of person whose name is printed on iec and stamp of company. and digilocker account and dsc  of same person will be used whose name is printed on iec. if you want to use for example digilocker and dsc of mr p then name of mr p must printed on iec. if someone else, for example mr r, name is printed on iec then modify iec and sign modification application by his (mr p) dsc or aadhar otp. ▪ name of the organization must match with the name mentioned on pan. ▪ name of the authorized person (parent user) must match with the name as per pan and aadhaar.    ▪  dsc uploaded must belong to the authorized person and should not be expired.       modify iec government fees cost you rs 200. don’t forget to sign the application and pay rs 200. 3. authority letter:  as per format given by icegate :  board resolution for private limited or partnership resolution for partnership or llp. we will draft it. 4. digital signature class 3 :    self attested means print, sign stamp scan and make pdf and send pdf                 pre-requisites for user registration ▪ the user's email id registered with gstn (as well as on dgft in case of importers/exporters) ▪ the user's mobile number registered with gstn(as well as on dgft in case of importers/exporters) ▪ key documents/information required for registration: the user must keep a self-attested soft copy of the ie code,   additionally, the authorized representative (parent user) must keep these details handy: valid pan, aadhaar (linked with digi-locker), dsc and a self-attested soft copy of authorization letter issued by the organization for conducting business on icegate as mentioned in annexure – b of this manual. ▪ the name entered in the registration form must match with the name in pan records. ▪ kindly annexure – a for a detailed list of documents required for each role. ▪ additionally, users must also refer annexure – b wherein general guidelines pertaining to the registration process are provided for users’ ease.       notes: 1. each document listed above must be self-attested and legible . 2. the documents must be scanned in colour and in jpg/pdf format. the file size must be less than1500 kb . 3. self-attested scanned copy of authorization letter as per annexure c should be signed by: a. proprietor in proprietorship firm; b. all partners in partnership firm; 一   c. in case of corporate entity (company or llp): i. majority of the number of directors/designated partners in the entity, as the case may be; or, 一   ii. company secretary, 一     一       clearly referring to and enclosing therewith a board resolution in this regard as per annexure