Payment of tax in case of non-remittance of zero rated supply of goods

[Gaurav Chauhan]

Sir,

Please clarify, whether we have to pay any tax in case of the non-remittance of export proceeds within stipulated time period of the zero rated supply of the goods and refund is not claimed on such supply.

[Shilpi Jain]

Rule 96B allows refund also in cases where sale proceeds not received and the requirement is written off by RBI.

Ideally zero-rated supplies should not be liable to GST even if consideration not received.

AI Summary

Zero-rated supplies remain non-taxable even if export proceeds are not remitted, with refunds available where proceeds are written off.
Rule 96B permits refund where sale proceeds for zero-rated supplies have not been received and the amount has been written off by the RBI, and zero-rated supplies should not attract GST even if consideration is not received.