Ans: Please submit the print out of RFD-01A with ARN before the jurisdictional authority for processing of refunds. Refer to Circular No. 17/17/2017-GST dated 15th November 2017.
Ans: Yes, supplies to SEZs are chargeable under IGST Act. However, supplies can also be made without payment of integrated tax under bond or LUT.
Ans: Please submit the print out of RFD-01A with ARN before the jurisdictional authority for processing of refunds.
Ans: No, input tax credit cannot be availed by the composition dealers.
Ans: Credit will not be available if goods or services are used for personal consumption, as provided under Section 17(5)(g) of the CGST Act, 2017.
Ans: One can applyfor such change by filing FORM GST REG-14, which is application for amendment in registration particulars, on the common portal.
Ans: Quarterly FORM GSTR-1 for taxpayers with turnover upto Rs. 1.5 Cr would be available shortly.
Ans: Refund from cash ledger has to be sanctioned by the proper officer. The refund application (along with ARN) is to be submitted to the proper officer for processing.
Ans: A detailed circular is being issued shortly.
Ans: Inverted tax structure is where rate of tax on inputs is higher than the rate of tax on output supplies.