Which amounts are eligible for refund as a recipient of deemed export?

Which amounts are eligible for refund as a recipient of deemed export?

Asked on February 28, 2018 in Miscellaneous.
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1 Answer(s)

While filing form RFD-01A (Recipient of deemed exports),taxpayer’s need to enter the amount that they want to get as refund. The lowest of the following three categories are eligible for refund: 1. Balance in the electronic credit ledger 2. ITC availed for the particular tax period 3. Amount entered by taxpayer in Refund Claim Matrix

Answered on February 28, 2018.
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Gen GST