Refund of Cess on Export of Pan Masala

[Aman Muradiya]

One of My client is exporting Pan Masala with Payment of IGST and Cess.

Is he eligible to take refund of both IGST and Cess ?

AI Summary

Client Eligible for IGST and Cess Refund on Pan Masala Exports, Per Circular No.1/1/2017 and Section 16 IGST Act A client exporting Pan Masala with payment of IGST and Cess inquired about eligibility for a refund of both taxes. Experts confirmed eligibility, citing Circular No.1/1/2017-Compensation Cess and Section 16 of the IGST Act, 2017. Amendments to Section 16 were discussed, with an emphasis on the prospective nature of changes effective from 01.10.2023. The GST Council's recommendations and the Finance Act, 2021 were referenced, highlighting that the refund process for exports remains unchanged until the amendments are operational. The discussion concluded with agreement on the refund eligibility and the importance of staying informed on legislative updates.