Refund Eligibility for Exporters restricted where specified tax or customs benefits were availed, except Export Promotion Capital Goods Scheme capital goods. The amendment replaces rule 89(4B) and rule 96(10) to restrict refunds: unutilised input tax credit refunds for zero-rated supplies without payment are limited where inputs benefited from specified State or Central notifications or customs exemptions, though refunds remain for inputs used in exports received under those notifications; claims for integrated tax refund on exports are barred where specified notification benefits were availed, except insofar as such benefits relate to capital goods received under the Export Promotion Capital Goods Scheme.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Refund Eligibility for Exporters restricted where specified tax or customs benefits were availed, except Export Promotion Capital Goods Scheme capital goods.
The amendment replaces rule 89(4B) and rule 96(10) to restrict refunds: unutilised input tax credit refunds for zero-rated supplies without payment are limited where inputs benefited from specified State or Central notifications or customs exemptions, though refunds remain for inputs used in exports received under those notifications; claims for integrated tax refund on exports are barred where specified notification benefits were availed, except insofar as such benefits relate to capital goods received under the Export Promotion Capital Goods Scheme.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
