Legal Provisions
As per provisions of sub section (3) of section 16 of the integrated goods and service tax Act, 2017
A registered person making zero rated supply shall be eligible to claim refund under either of the following options, namely:--
(a) The Exporter may supply goods or services or both under bond or Letter of Undertaking, subject to such conditions, safeguards and procedure as may be prescribed, without payment of integrated tax and claim refund of unutilised input tax credit, or
(b) he may supply goods or services or both, subject to such conditions, safeguards and procedure as may be prescribed, on payment of integrated tax and claim refund of such tax paid on goods or services or both supplied
Read more at: https://studycafe.in/2018/12/form-rfd-1-should-not-be-filed-for-claiming-refund-of-itc-on-capital-goods.html
In this book, you'll get a behind the scenes look at how your favorite characters were born, my creative process, and the dirty details never before revealed.
Tex's Camp Q&A: Come sit by the fire and ask me whatever you'd like. We can roast marshmallows, tell scary stories, and hang out in the comments like a big, happy family.
Gator's Backstage Pass: A place full of secrets. Learn the-sometimes embarrassing-details on how my wildest scenes came to life, facts about the characters, the process, and myself.