Refunds for export-related input tax credit: procedural clarifications enable post-facto LUT regularisation and reconciliation measures. Clarifies export-related refund procedures: ITC refund is barred only where drawback applies to central tax; drawback limited to basic customs duty does not bar ITC refund. GSTR-1 Table 9 and GSTR-3B rectification procedures must be used to reconcile mismatches. LUT shortfalls and delayed exports may be regularised ex post facto where exports are established; for goods realization proof is not required. One deficiency memo per refund application; transitional credits are excluded from Net ITC; use the lower of GST invoice and shipping bill values for sanction. Required documents and permissible filing frequencies are specified.
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Provisions expressly mentioned in the judgment/order text.
Refunds for export-related input tax credit: procedural clarifications enable post-facto LUT regularisation and reconciliation measures.
Clarifies export-related refund procedures: ITC refund is barred only where drawback applies to central tax; drawback limited to basic customs duty does not bar ITC refund. GSTR-1 Table 9 and GSTR-3B rectification procedures must be used to reconcile mismatches. LUT shortfalls and delayed exports may be regularised ex post facto where exports are established; for goods realization proof is not required. One deficiency memo per refund application; transitional credits are excluded from Net ITC; use the lower of GST invoice and shipping bill values for sanction. Required documents and permissible filing frequencies are specified.
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