Question2: 1. The party have made zero
rated supply of exempted goods i.e. Rice without submission of LUT. Then the
party have applied for Refund for accumulated ITC under section 54(3)(i) of CGST
ACT,2017 through submission of RFD-01A. Now the question: did they violate any
GST Rule as mentioned in 96A of CGST Rules, 17 for not applying for LUT prior
such Zero Rated Supply. Secondly, are they eligible for such refund under
section 54(3)(i) of CGST ACT,2017.
2. In another case, the party have not taken LUT for IGST exemption as required
under Rule, 96A of CGST Rules, 2017. However they made Zero Rated supply and
later submitted Refund application for the category falls under section 54(3)(i)
of CGST ACT,2017 . Now the question is did they contravene the Rule for such
supply. If they have made any violation of law then how much penalty do they
need to pay and under which provision. If refund case needs to settle then what
is the best way to finalize this claim. How will they pay penalty amount if any
they are liable to pay alongside the settlement of the claim.
Answer: Point wise reply of your query are as follows:-
1. LUT was required to be furnished before effecting export according to section
96 A and Yes, you violate this provision. But refund claim being fundamental
right and can't be rejected for technical lapses.
2. Since LUT has not been furnished before export thus department may impose
General penalty under Section 125 of CGST for not following export procedure
which may extend to twenty five thousand rupees. But you should pay penalty only
after it is imposed. There are a chances of waiver of penalty.(REPLY dt.
06-03-2018)