Claiming of ITC available against import

Hi 

Yes, you can claim refund for the ITC accumulated. Application has to made online in RFD 01.

We may assist you with the same.

Dear Sir,

Hope you are doing well !!

Yes, you can claim the same though online by filing form RFD 01.

We may assist you in entire procedure.

- You can get refund of IGST paid on import of servers. File the refund application online. File the refund application for 6 months if the refund amount is more.

Hello,

Yes, you can claim the refund of IGST accumulated.

I hope this answer satisfies your requirements.

Regards,

CA Hunny Badlani

Yes you can surely claim ITC and if you are having ITC you must not export under LUT as it would be helpful for you to easily claim refund of such ITC used for paying export GST.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you.

Dear sir

yes u can claim the itc through filling RFD 1.

we can help u in the process of filling same.

Dear Sir,

As per the provisions of GST Act, any exporter if have accumulated balance in the GST Credit can claim the refund by filing the FORM RFD-01. 

Refund in regard to following can be claimed:

1) GST paid on purchase of goods* with in India or outside India

2) GST paid on purchase of services with in India or outside India

*GST paid on Capital Goods are not allowed as refund as per the current provisions of GST act.

Capital Goods means goods, the value of which is capitalized in the books of account of the person claiming the input tax credit and which are used or intended to be used in the course or furtherance of business.

Accordingly if you have capitalized the servers in the books of accounts then it will be considered as Capital Goods and refund cannot  be claimed otherwise you can claim the refund.

Thanks and Regards 

Divya Chugh