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of <h1>Circular Clarifies No IGST Refunds for Exporters Claiming Higher Drawback Rates Voluntarily; Exporters Advised to Report Issues.</h1> The circular addresses issues where Integrated Goods and Services Tax (IGST) refunds were not granted due to exporters claiming a higher rate of drawback or where the higher and lower rates were identical. It clarifies that exporters who opted for a higher drawback rate, instead of an IGST refund, did so voluntarily by making specific declarations in their shipping bills. Consequently, it is deemed unjustified to allow IGST refunds after claiming the higher drawback benefit. The circular instructs field formations to inform exporters of these provisions and invites them to report any difficulties to the Board.
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