Refund of input tax credit for zero-rated exports tied to non-availment of certain central notification benefits. Amendments substitute rule 89(4B) and rule 96(10) to set refund eligibility: refunds of unutilised input tax credit for zero-rated supplies without payment are allowable where inputs were received under specified central notifications and related input/input service credit used in exports is availed; integrated tax export refund claimants must not have availed certain central notification benefits, except for receipt of capital goods under the Export Promotion Capital Goods scheme. The amendments take effect on publication and are deemed published on the prescribed date.
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 for zero-rated exports tied to non-availment of certain central notification benefits.
Amendments substitute rule 89(4B) and rule 96(10) to set refund eligibility: refunds of unutilised input tax credit for zero-rated supplies without payment are allowable where inputs were received under specified central notifications and related input/input service credit used in exports is availed; integrated tax export refund claimants must not have availed certain central notification benefits, except for receipt of capital goods under the Export Promotion Capital Goods scheme. The amendments take effect on publication and are deemed published on the prescribed date.
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 
