Refund of input tax credit permitted for inputs received under specified notifications, subject to exclusions where notification benefits were availed. The amendment clarifies refund entitlement: claimants may obtain refund of input tax credit on inputs received under specified notifications for export of goods, and the proportionate credit on other inputs or input services used in making such exports. It further conditions refunds of integrated tax on exports by excluding claimants who availed certain notification benefits, except for capital goods received under the Export Promotion Capital Goods scheme.
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Provisions expressly mentioned in the judgment/order text.
Refund of input tax credit permitted for inputs received under specified notifications, subject to exclusions where notification benefits were availed.
The amendment clarifies refund entitlement: claimants may obtain refund of input tax credit on inputs received under specified notifications for export of goods, and the proportionate credit on other inputs or input services used in making such exports. It further conditions refunds of integrated tax on exports by excluding claimants who availed certain notification benefits, except for capital goods received under the Export Promotion Capital Goods scheme.
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