Notification number 20/2024 cgst

[Govinda Raju]

after notification 20/2024 says :

In the said rules, in rule 96, sub-rule (10) shall be omitted

is it means units can get exemption both BCD and IGST and still claim IGST REFUND under rule 96

or

only rule 89 is allowed for IGST Refund on Exports.

AI Summary

Notification 20/2024: Export Units Can Claim IGST Refunds Under Rule 96 After Paying Taxes on Exports. A query was raised regarding the implications of notification 20/2024 on GST rules, specifically the omission of sub-rule (10) in rule 96. The question asked whether this change allows units to receive exemptions from both Basic Customs Duty (BCD) and Integrated Goods and Services Tax (IGST) while still claiming IGST refunds under rule 96, or if refunds are only permissible under rule 89 for exports. The response clarified that Export Oriented Units (EOU) and Advance Authorization (AA) units can now export with tax payment and claim refunds for the IGST paid.