IGST refund can be granted to the exporter after deducting differential duty for opting higher duty drawback

IGST refund can be granted to the exporter after deducting differential duty for opting higher duty drawback https://www.taxtmi.com/article/detailed?id=12919 Exporters who voluntarily elect the higher rate of duty drawback under column "A" are eligible for IGST refund on zero-rated supplies only after deduction of the differential duty drawback; where column rates are identical or the exporter refunds the differential drawback (or the court directs its deduction), IGST refund may be allowed accordingly. Shipping bills served as refund applications and interest accrues from the shipping bill date until actual refund. en-us Fri, 13 Sep 2024 10:18:24 +0530 Fri, 13 Sep 2024 10:18:24 +0530 TaxTMI RSS Generator IGST refund can be granted to the exporter after deducting differential duty for opting higher duty drawback https://www.taxtmi.com/article/detailed?id=12919 Exporters who voluntarily elect the higher rate of duty drawback under column "A" are eligible for IGST refund on zero-rated supplies only after deduction of the differential duty drawback; where column rates are identical or the exporter refunds the differential drawback (or the court directs its deduction), IGST refund may be allowed accordingly. Shipping bills served as refund applications and interest accrues from the shipping bill date until actual refund. Articles Goods and Services Tax - GST Fri, 13 Sep 2024 10:18:24 +0530 https://www.taxtmi.com/article/detailed?id=12919