Refund of input tax credit: entitlement conditioned on receipt under specified tax notifications with capital goods EPCG exception applicable. Rule 89(4B) permits refund of unutilised input tax credit on zero-rated supplies without payment of tax where inputs were received under specified Odisha or Central rate notifications or where specified customs notifications were availed; the refund covers input tax credit on such inputs and on other inputs or input services to the extent used for exports. Rule 96(10) bars persons who have availed benefits under certain Odisha or Central rate notifications or specified customs notifications from claiming refund of integrated tax on exports, except where the receipt concerns 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.
Refund of input tax credit: entitlement conditioned on receipt under specified tax notifications with capital goods EPCG exception applicable.
Rule 89(4B) permits refund of unutilised input tax credit on zero-rated supplies without payment of tax where inputs were received under specified Odisha or Central rate notifications or where specified customs notifications were availed; the refund covers input tax credit on such inputs and on other inputs or input services to the extent used for exports. Rule 96(10) bars persons who have availed benefits under certain Odisha or Central rate notifications or specified customs notifications from claiming refund of integrated tax on exports, except where the receipt concerns capital goods under the Export Promotion Capital Goods scheme.
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