Goods or services (except few specfied) may be exported on payment of integrated tax and on which the supplier of such goods or services may claim the refund of tax so paid - scope extended - Amendment in Notification No. 01/2023-Integrated Tax, dated the 31st July, 2023 - 05/2023 - Integrated GST (IGST)

Central Government Expands Export Tax Refund Eligibility; Amends Notification No. 01/2023-Integrated Tax Effective October 1, 2023.

The Central Government has amended Notification No. 01/2023-Integrated Tax to expand the scope of goods and services eligible for export on payment of integrated tax, allowing suppliers to claim tax refunds. Effective from October 1, 2023, the amendment specifies that all goods or services, except those listed in a specified table, can be exported with tax refunds. Additionally, it includes suppliers to Developers or units in Special Economic Zones for authorized operations. Definitions for terms like 'authorized operations,' 'Developer,' 'Special Economic Zone,' and 'unit' are aligned with the Special Economic Zone Act, 2005. This amendment is effective upon publication in the Official Gazette.