https://www.taxtmi.com/forum/issue?id=116709 IGST on the returned machine may be computed on its depreciated value and refunded if export refund conditions are satisfied. Where a replacement machine is supplied free and the exporter pays customs duty and IGST, the recipient cannot claim input tax credit because claiming credit requires payment of the supplier's invoice (including taxes) within 180 days, which does not occur in a free replacement. Check DGFT export schedule for commodity restrictions. en-us Tue, 15 Sep 2020 02:01:23 +0530 Thu, 23 Jan 2025 15:54:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116709 IGST on the returned machine may be computed on its depreciated value and refunded if export refund conditions are satisfied. Where a replacement machine is supplied free and the exporter pays customs duty and IGST, the recipient cannot claim input tax credit because claiming credit requires payment of the supplier's invoice (including taxes) within 180 days, which does not occur in a free replacement. Check DGFT export schedule for commodity restrictions. Discussion-Forum GST Tue, 15 Sep 2020 02:01:23 +0530 https://www.taxtmi.com/forum/issue?id=116709