GST-‘Duty Credit Scrips’ excluded from definition of Turnover!
“Duty Credit Scrips” are issued toexporters as an incentive. These can be used to pay various duties/taxes to the Central Govt. These scrips are exempted under GST. But, will it be included in definition of turnover or exempted supply for the purpose of reversal of ITC, calculating GST refund, etc.? Case Details : GST- Sale …
GST-‘Duty Credit Scrips’ excluded from definition of Turnover! Read More »