Re-Import of Exported Goods in GST

[Praveen Nair]

Dear Experts,

The goods are exported by paying IGST and refund was claimed against exports.

Later the same material was rejected and then re-imported by paying IGST at the time of import, ITC credit has availed for the same.

Query:

a. Do we have to pay back IGST claimed as refund at the time of export? How to pay back?

b. If the IGST is paid back, how do we claim back the IGST if the same goods is re-exported?

Thank you

Pravin

AI Summary

Clarifying GST: IGST Refund on Exported, Rejected, and Re-Imported Goods; Impact of Notification No. 45/2017 A forum participant inquired about the Goods and Services Tax (GST) implications for goods that were exported, refunded for IGST, rejected, and subsequently re-imported. They sought clarification on whether the IGST refund needs to be repaid and how to reclaim IGST if the goods are re-exported. One response referenced Notification No. 45/2017, indicating that customs duty on re-import equals the IGST refund claimed. Another response advised using a credit note to adjust tax liability and suggested reversing the input credit entry. It also mentioned surrendering drawbacks and checking bank clearances.