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 Restrictions on refund of unutilized input tax credit for specified goods under the inverted duty structure category do not apply to zero-rated supplies. Manufacturer-exporters of specified fabrics may claim refund of unutilized GST credit paid on inputs for fabrics manufactured and exported, subject to applicable statutory restrictions. Credit paid on capital goods is excluded. Zero-rated supplies include exports and supplies to a Special Economic Zone developer or unit. 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 Restrictions on refund of unutilized input tax credit for specified goods under the inverted duty structure category do not apply to zero-rated supplies. Manufacturer-exporters of specified fabrics may claim refund of unutilized GST credit paid on inputs for fabrics manufactured and exported, subject to applicable statutory restrictions. Credit paid on capital goods is excluded. Zero-rated supplies include exports and supplies to a Special Economic Zone developer or unit. Circulars GST - States Thu, 16 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70950