making
zero-rated supplies, notwithstanding that such
supply may be an exempt supply.
(3)A registered person making zero rated supply
shall be eligible ... zero-rated supply of services,
excluding- (i) the value of exempt supplies
other than zero-rated supplies; and
(ii) the turnover of supplies in respect
making
zero-rated supplies, notwithstanding that such
supply may be an exempt supply.
(3)A registered person making zero rated supply
shall be eligible ... zero-rated supply of services,
excluding- (i) the value of exempt supplies
other than zero-rated supplies; and
(ii) the turnover of supplies in respect
IGST Act are as follows:-
“16. Zero rated supply - (1) “zero rated supply” means any of
the following supplies of goods or services or both ... making zero-rated supplies, notwithstanding that
such supply may be an exempt supply.
(3) A registered person making zero rated supply shall be
eligible
Zero-rated supply of services is the aggregate of the payments received during the relevant period for zero-rated supply of services and zero-rated ... zero-rated supply of services, excluding-
(i) the value of exempt supplies other than zero-rated supplies; and
(ii) the turnover of supplies in respect
reads
thus:
"16. Zero rated supply.-- (1) "zero rated supply"
means any of the following supplies of goods or
services or both ... making zero-rated
supplies, notwithstanding that such supply may be an
exempt supply.
(3) A registered person making zero rated supply shall
be eligible
supply of goods or services to
Special Economic Zone developer or to the unit within
SEZ is treated zero-rated supply. The zero-rated
supplies ... zero-rated supplies of goods or services or both
or on inputs or input services used in making
such zero-rated supplies, or refund
service.
SECTION 16. Zero rated supply. (1) "zero rated supply" means any
of the following supplies of goods or services or both, namely ... making zero-rated supplies, notwithstanding that such
supply may be an exempt supply.
[(3) A registered person making zero rated supply shall be
eligible
Services Tax Act,
2017 deals with refund of tax. Section 54(1) states that if a refund
is sought of any tax, then an application ... zero-rated supplies of
goods or services or both or on inputs or input services used
in making such zero-rated supplies, or refund
advocate for the
respondent submitted that the refund of unutilised
input credit on account of zero rated supplies made
without payment of tax is governed ... refund claim was rightly rejected.
5. The petitioner claimed refund of untilised
input tax credit on the ground that it had made zero
rated supplies
supplies (zero rated) in the said return and instead
mentioned the same to be "zero". However, the said amount of zero rated
supplies ... zero rated supply of Goods and Services
has been taken as Rs.3,79,82,605/- though the value of zero rated supply
