https://www.taxtmi.com/forum/issue?id=120223 Whether an export refund obtained on goods exported with payment of IGST must be repaid with interest where those goods are later commercially returned and re imported with IGST paid. Rule 96B targets non realisation of export proceeds under FEMA and does not apply to documented commercial returns with re importation. A credit note should be issued to reduce outward liability and IGST paid on re import may be claimed as input tax credit, with proportionate adjustment to avoid unjust enrichment. en-us Wed, 09 Jul 2025 20:41:36 +0530 Tue, 22 Jul 2025 16:43:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120223 Whether an export refund obtained on goods exported with payment of IGST must be repaid with interest where those goods are later commercially returned and re imported with IGST paid. Rule 96B targets non realisation of export proceeds under FEMA and does not apply to documented commercial returns with re importation. A credit note should be issued to reduce outward liability and IGST paid on re import may be claimed as input tax credit, with proportionate adjustment to avoid unjust enrichment. Discussion-Forum GST Wed, 09 Jul 2025 20:41:36 +0530 https://www.taxtmi.com/forum/issue?id=120223