https://www.taxtmi.com/forum/issue?id=113082 Realisation of foreign exchange is ordinarily a condition for sanction of IGST rebate; exceptions exist for certain territories where Indian currency realisation is accepted. The exporter paid IGST on free samples, reported it in the shipping bill, received an IGST refund credit despite non realisation of foreign exchange, and sought to know whether the government could later demand repayment with interest; the forum advisory replied that recovery with interest would not be required. en-us Mon, 20 Nov 2017 19:34:59 +0530 Thu, 23 Jan 2025 15:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113082 Realisation of foreign exchange is ordinarily a condition for sanction of IGST rebate; exceptions exist for certain territories where Indian currency realisation is accepted. The exporter paid IGST on free samples, reported it in the shipping bill, received an IGST refund credit despite non realisation of foreign exchange, and sought to know whether the government could later demand repayment with interest; the forum advisory replied that recovery with interest would not be required. Discussion-Forum GST Mon, 20 Nov 2017 19:34:59 +0530 https://www.taxtmi.com/forum/issue?id=113082