Deemed exports: refund applications allowed by recipient or supplier; Commissioner may extend the statutory filing period. Amendment to rule 89 allows refund applications for supplies regarded as deemed exports to be filed by the recipient or by the supplier where the recipient does not avail input tax credit and furnishes an undertaking that the supplier may claim the refund. Amendment to rule 96A permits the Commissioner to allow a further period beyond the initial three months. FORM RFD 01 is revised by substituting Statement 2 for exports of services with payment of tax and Statement 4 for supplies to SEZ units or SEZ developers on payment of tax, specifying invoice, tax, cess and supporting document fields.
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Provisions expressly mentioned in the judgment/order text.
Deemed exports: refund applications allowed by recipient or supplier; Commissioner may extend the statutory filing period.
Amendment to rule 89 allows refund applications for supplies regarded as deemed exports to be filed by the recipient or by the supplier where the recipient does not avail input tax credit and furnishes an undertaking that the supplier may claim the refund. Amendment to rule 96A permits the Commissioner to allow a further period beyond the initial three months. FORM RFD 01 is revised by substituting Statement 2 for exports of services with payment of tax and Statement 4 for supplies to SEZ units or SEZ developers on payment of tax, specifying invoice, tax, cess and supporting document fields.
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