Sale of apartments is not a service, although construction of apartments may involve a service element. I doubt also, whether you invoice only for various services involved. So, I find it difficult to see how sale can be covered under Para 9.54 (ii) of FTP. Also, please note that what services exported during 2019-20 will be eligible for SEIS, and what their rates will be, are not yet notified. For 2020-21, a decision on whether SEIS benefits should be granted is yet to be taken.
Q. We export goods under LUT to Nepal. How can we claim input tax paid on the raw material? We also have domestic sales of the same item. Can we adjust this amount against output tax paid on domestic sales? What is the procedure to be followed?
Exports are zero-rated and not exempt supply. So, you can take input tax credit in respect of the goods and services used, or to be used for making the zero-rated supplies in accordance with Section 16 of the CGST Act, 2017. You can utilise the credit for payment of tax on your domestic sales in accordance with Section 49 of the said CGST Act. For procedures, you may refer to Chapter V and VIII of the CGST Rules, 2017.