https://www.taxtmi.com/article/detailed?id=7546 Refund of integrated tax on exports is processed via the shipping bill: the shipping bill with GST invoice details is treated as the refund application once the export manifest/report and a valid return in FORM GSTR-3 are filed, and Customs and the common portal exchange FORM GSTR-1 invoice details to confirm exports and trigger electronic credit of the refund to the registrant's bank account. Operational issues arise from the new shipping bill format and Customs EDI mismatches, and from reconciling GST tax invoices in INR with export invoices in foreign currency for multi-consignment shipments, which may delay electronic matching and refunds. en-us Wed, 16 Aug 2017 16:15:48 +0530 Wed, 16 Aug 2017 16:15:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7546 Refund of integrated tax on exports is processed via the shipping bill: the shipping bill with GST invoice details is treated as the refund application once the export manifest/report and a valid return in FORM GSTR-3 are filed, and Customs and the common portal exchange FORM GSTR-1 invoice details to confirm exports and trigger electronic credit of the refund to the registrant's bank account. Operational issues arise from the new shipping bill format and Customs EDI mismatches, and from reconciling GST tax invoices in INR with export invoices in foreign currency for multi-consignment shipments, which may delay electronic matching and refunds. Articles Goods and Services Tax - GST Wed, 16 Aug 2017 16:15:48 +0530 https://www.taxtmi.com/article/detailed?id=7546