Refund Eligibility for Input Tax Credit clarified where specified notification or customs benefits were availed; EPCG capital goods excepted. Rule 89 now permits refund of unutilised input tax credit on zero-rated supplies without payment of tax where inputs received were covered by specified State or Central rate notifications or where specified customs notification benefits were availed; refunds include ITC on those inputs and on other inputs or input services to the extent used for such exports. Rule 96 disallows refund of integrated tax on exports where specified State or customs notification benefits have been availed, except when such benefits relate solely to capital goods received under the EPCG 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 Input Tax Credit clarified where specified notification or customs benefits were availed; EPCG capital goods excepted.
Rule 89 now permits refund of unutilised input tax credit on zero-rated supplies without payment of tax where inputs received were covered by specified State or Central rate notifications or where specified customs notification benefits were availed; refunds include ITC on those inputs and on other inputs or input services to the extent used for such exports. Rule 96 disallows refund of integrated tax on exports where specified State or customs notification benefits have been availed, except when such benefits relate solely to capital goods received under the EPCG scheme.
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