Export Refund

[Kaustubh Karandikar]

As per Rule 96(10) of CGST Rules, person claiming refund of IGST paid on exports of goods or services should not have received supplies on which the benefit of notification No. 48/2017-Central Tax, OR availed the benefit under notification No. 78/2017-Customs. XYZ are claiming benefit under notification 78/2017 custom but not under notification No. 48/2017. Is XYZ eligible to get refund of IGST paid on export of goods.

AI Summary

XYZ Ineligible for IGST Refund on Exports Due to Rule 96(10) Violation After Availing Notification No. 78/2017 Benefits. A query was raised regarding the eligibility of XYZ to claim a refund of IGST paid on exports under Rule 96(10) of the CGST Rules. The rule states that a person claiming this refund should not have received supplies benefiting from notification No. 48/2017-Central Tax or availed benefits under notification No. 78/2017-Customs. Since XYZ availed benefits under notification No. 78/2017, they are not eligible for the refund. The response highlights the importance of considering amendments and the export date, noting that benefits may not apply to exports made from October 2018 onwards.