Clarification on refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics

Clarification on refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics https://www.taxtmi.com/circulars?id=70950 Refund of unutilised input tax credit is available to manufacturer-exporters of specified fabrics where the fabrics are exported as zero-rated supplies. Restrictions on refunds for accumulated credit arising from higher tax rates on inputs than output supplies do not apply to zero-rated supplies. Subject to applicable refund conditions, eligible manufacturers may claim credit of GST paid on inputs used in exported fabrics, but not credit paid on capital goods. en-us Thu, 16 Nov 2017 00:00:00 +0530 Tue, 25 Aug 2026 13:13:00 +0530 TaxTMI RSS Generator Clarification on refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics https://www.taxtmi.com/circulars?id=70950 Refund of unutilised input tax credit is available to manufacturer-exporters of specified fabrics where the fabrics are exported as zero-rated supplies. Restrictions on refunds for accumulated credit arising from higher tax rates on inputs than output supplies do not apply to zero-rated supplies. Subject to applicable refund conditions, eligible manufacturers may claim credit of GST paid on inputs used in exported fabrics, but not credit paid on capital goods. Circulars GST - States Thu, 16 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70950