https://www.taxtmi.com/forum/issue?id=118753 Rule 89(4) refunds net input tax credit apportioned by turnover without requiring linkage to specific inputs used in exports, whereas Rule 89(4B) permits refund of ITC on inputs imported under customs notifications (no IGST paid) and ITC on other inputs/services only to the extent they are used in making exports; the refundable amount can therefore differ materially. Circular guidance may require merchant exporters to apply under Rule 89(4B) procedurally, but misclassification is a procedural lapse unless it results in an excess refund, in which case recovery as an erroneous refund may follow. en-us Thu, 14 Sep 2023 18:03:06 +0530 Thu, 23 Jan 2025 14:20:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118753 Rule 89(4) refunds net input tax credit apportioned by turnover without requiring linkage to specific inputs used in exports, whereas Rule 89(4B) permits refund of ITC on inputs imported under customs notifications (no IGST paid) and ITC on other inputs/services only to the extent they are used in making exports; the refundable amount can therefore differ materially. Circular guidance may require merchant exporters to apply under Rule 89(4B) procedurally, but misclassification is a procedural lapse unless it results in an excess refund, in which case recovery as an erroneous refund may follow. Discussion-Forum GST Thu, 14 Sep 2023 18:03:06 +0530 https://www.taxtmi.com/forum/issue?id=118753