Application for Budgetary Support under GST Regime for availing erstwhile area based exemption under Excise.
GST DOST's NEWS
Application for Budgetary Support
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1. |
Unique ID No. |
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2. |
Legal Name |
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3. |
Trade Name, if an |
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4. |
Address of the eligible unit |
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5. |
Tax Period |
From (DD/MM/YY) To (DD/MM/YY) | |
6. Amount of Total Tax Paid during the quarter in respect of GSTIN as per the return
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Name of the Tax |
Tax |
Cash |
Credit |
Balance of Credit, any
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Total value of Taxable inputs received |
Total receipts from composition dealers |
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(A) |
(B) |
(C) |
(D) |
(E) |
(F) |
(G) |
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Central Tax |
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State/ UT Tax |
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Integrated Tax |
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Cess |
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Total |
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Information under this column includes all the business activities of the eligible unit viz. (i) Specified goods manufactured (ii) non-specified goods manufactured (iii) Trading of goods(iv) any other activity under the same GSTIN
7. Amount of Tax Paid out of 6 above (During the quarter in respect of manufacture by the eligible unit in respect of specified goods under the same GSTIN) which are eligible for budgetary support
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Name of the Tax |
Tax |
Cash |
Credit |
Balance of Credit, if any |
Total value of Taxable inputs received |
Total receipts from composition dealers |
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(A) |
(B) |
(C) |
(D) |
(E) |
(F) |
(G) |
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Central Tax |
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State/ UT Tax |
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Integrated Tax |
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Cess |
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Total |
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(i) This column includes information in respect of all the Specified Goods manufactured in the premises of eligible unit;
(ii) The information under this column should be duly verified by the Chartered Accountant in terms of Para 5.9.1 and 5.9.2 of the scheme of budgetary support notified vide notification dated 05.10.2017 issued by Department of Industrial Policy and Promotion.
(iii) However, in case information under column 6 and 7 above is identical and relates only to the specified goods manufactured by the eligible unit, there is no need for submission of Chartered Accountants certificate.
8. Claim of Budgetary Support based on S. No. 7 above to be calculated in following order
(a) Budgetary support in respect of intra-state supplies = {(CGST in cash- Balance of (ITC of CGST+ITC of1GST)) * 58%) * (1- Value under(G)} / Value under (F)
(b)Budgetary support in respect of inter-state supplies {(IGST in cash- Balance# of (ITC of IGST+ ITC of CGST)) * 29%) * (1- Value under(G)} / Value under (F)
# Balance to be taken under (b) after excluding amount considered under (a) above
(c) Total Budgetary Support (a) + (b):-
9. Value addition achieved:
(refer para 5.8 of notification dated 05.10.2017)
10. Details of Bank Account (As indicated in Registration form by the eligible unit)
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i. |
Account Number |
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ii. |
Name of the Bank |
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iii. |
Bank Account Type |
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iv. |
Name of Account Holder |
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v. |
Address of Bank Branch |
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vi. |
IFSC |
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vii. |
MICR |
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Declaration:
(i) I hereby declare that the good(s) under the claim of budgetary support have been manufactured by the eligible unit namely, M/S.... .. . . . . . ...operating at the address ........ in the State of . . ..... The goods fall in the category of specified goods defined under the scheme of budgetary support notified by DIPP.
(ii) I hereby declare that the claim of budgetary support in the application does not include any CGST or IGST paid on any goods supplied without activity of manufacture by the eligible unit.
Signature
(Proprietor/MD/Partner/
Authorised Director/Authorised Signatory)
Date
Place:
Seal of the eligible unit
To read the relevant extract of Circular, click here.
To Read the Standard Operating Procedure, Click Here.
To read the Form for Registration of eligible units for budgetary support, Click Here.

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