https://www.taxtmi.com/caselaws?id=439170 The AAR held that duty credit e-scrips are classified as goods under HSN 4907 and exempted from GST under Notification No. 35/2017. Sale of duty credit scrips constitutes exempted supply in domestic tariff area, requiring reduction from total turnover when computing Adjusted Total Turnover under Rule 89(4) of CGST Rules 2017. For refund claims under Rule 89(4B), turnover from duty credit scrip sales is irrelevant as refunds are limited to input tax credit on specified inputs used for export goods only. en-us Wed, 24 May 2023 00:00:00 +0530 Thu, 17 Apr 2025 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439170 The AAR held that duty credit e-scrips are classified as goods under HSN 4907 and exempted from GST under Notification No. 35/2017. Sale of duty credit scrips constitutes exempted supply in domestic tariff area, requiring reduction from total turnover when computing Adjusted Total Turnover under Rule 89(4) of CGST Rules 2017. For refund claims under Rule 89(4B), turnover from duty credit scrip sales is irrelevant as refunds are limited to input tax credit on specified inputs used for export goods only. Case-Laws GST Wed, 24 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439170