CAN REFUND CLAIM ON SUPPLY MEDE TO SEZ UNIT WITH PAYMENT OF IGST

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CAN I CLAIM REFUND ON SUPPLY MADE TO SEZ UNIT WITHPAYMENT OF IGST ,AFTER AMENDMENT IN SEC 54(8) A OR I SHOULD MADE SUPPLY TO SEZ UNIT WITHOUT PAYMENT OF TAX AND CLAIM REFUND OF UNUTILISE ITC

AI Summary

Can IGST Refunds Be Claimed on SEZ Supplies After GST Act Section 54(8) Amendment? Exploring 'Export' Definition Change. A discussion on a forum addresses whether a refund can be claimed on supplies made to a Special Economic Zone (SEZ) unit with the payment of Integrated Goods and Services Tax (IGST) after the amendment to Section 54(8) of the GST Act. Participants discuss the implications of the amendment, which changed the terminology from 'zero-rated supply' to 'export,' affecting refund eligibility. It is clarified that supplies to SEZ can be treated as exports, allowing refunds for both taxed and untaxed exports, provided the tax burden is not passed on. The amendment aimed to include both types of exports for refund eligibility.