Input tax credit refunds permitted where inputs received under specified notifications are used in zero-rated exports. Amendments clarify that refund of unutilised input tax credit for zero-rated exports covers credit on inputs procured under specified notification benefits and credit on other inputs or input services used in making such exports. For integrated tax refunds on exports, claimants must not have availed certain notification benefits except insofar as those benefits relate only to receipt of capital goods 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.
Input tax credit refunds permitted where inputs received under specified notifications are used in zero-rated exports.
Amendments clarify that refund of unutilised input tax credit for zero-rated exports covers credit on inputs procured under specified notification benefits and credit on other inputs or input services used in making such exports. For integrated tax refunds on exports, claimants must not have availed certain notification benefits except insofar as those benefits relate only to receipt of capital goods under the Export Promotion Capital Goods scheme.
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