Exporters can claim refund of additional IGST paid due to export goods' price hike post-shipment: CBIC guidelines.

Exporters can claim refund of additional IGST paid due to export goods' price hike post-shipment: CBIC guidelines. https://www.taxtmi.com/highlights?id=84518 The CBIC issued guidelines allowing exporters to claim refund of additional IGST paid due to upward revision in export goods' prices after shipment. Exporters can file refund claim electronically on common portal using Form GST RFD-01 under "Any other" category until dedicated category is enabled. The claim requires documents proving price revision, additional IGST payment, forex remittance and CA/CMA certificate. The jurisdictional GST officer will process the claim after verifying GSTR-1/3B details. Refund requires minimum Rs. 1000 eligibility with 2-year time limit from relevant date. en-us Thu, 02 Jan 2025 12:56:39 +0530 Thu, 02 Jan 2025 12:56:39 +0530 TaxTMI RSS Generator Exporters can claim refund of additional IGST paid due to export goods' price hike post-shipment: CBIC guidelines. https://www.taxtmi.com/highlights?id=84518 The CBIC issued guidelines allowing exporters to claim refund of additional IGST paid due to upward revision in export goods' prices after shipment. Exporters can file refund claim electronically on common portal using Form GST RFD-01 under "Any other" category until dedicated category is enabled. The claim requires documents proving price revision, additional IGST payment, forex remittance and CA/CMA certificate. The jurisdictional GST officer will process the claim after verifying GSTR-1/3B details. Refund requires minimum Rs. 1000 eligibility with 2-year time limit from relevant date. Highlights GST - States Thu, 02 Jan 2025 12:56:39 +0530 https://www.taxtmi.com/highlights?id=84518