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

Re import tax adjustment: restore IGST liability by credit note reversal when refunded exports are re imported, then pursue relief on re export.
Where goods exported with an IGST refund are re imported after rejection, customs duty on re import is treated as equivalent to the IGST refunded; concessional re import for repair/reconditioning is available subject to time and re export conditions. The tax liability must be restored by issuing a credit note and reversing the input tax entries that enabled the original refund, or by paying IGST and utilising unutilised input tax credit. If the goods are re exported, relief may be sought again, but any drawback or incentives must be surrendered and banking/EDPMS/IDPMS formalities observed.