Refund of IGST paid on export of goods under Rule 96 of CGST Rules, 2017

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.... 07.11.2017 issued in F. No. 450/119/2017-Cus-IV (Pt.I) issued by OSD (Cus-IV), CBEC, New Delhi. The GST Council in its 22^nd Meeting had approved a major relief package for exporters. CBEC has already issued suitable instructions to expeditiously disburse the refund of IGST paid on goods exported out of India, with effect from 10^th October, 2017, the refund is getting disbursed for the export of goods made in July 2017. In cases where the exporter has filed GSTR 3B and the information furnished by the exporters in the GSTR 1 and GSTR 3B is matching with the details filed by them in Shipping bills, the refunds have already been disbursed. But there are many cases where the refund of IGST could not be done due to errors. in the EGM /GSTR 1 ....

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....d in Export General Manifest (EGM) vis-a-vis shipping bill or non-filing of EGM in certain cases, the compliance of exported out of India requirement in Rule 96 (2) of Central Goods and Services Tax (CGST) Rules, 2017 remained unfulfilled. It is also noticed that Gateway EGM in case of many ICD's Shipping Bills have been manually filed, due to which the system is unable to match the EGM details. Hence, it is to be ensured that all the shipping lines operating in ICDs/Gateway ports file EGM online. All ICDs and Gateway ports have already been instructed to ensure that shipping lines file supplementary EGM online for the consignments exported in July 2017 by 31^st October. For Subsequent months also, ICDs must ensure that the shipping lin....

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....pproved the GST rate of 0.1% for supplies to merchant exporters and Notification No.41/2017- Integrated Tax (Rate), Notification No. 40/2017- CGST (Rate) and Notificati06 No.40/2017 - UT GST. (Rate), all dated 23rd October, 2017 have been issued to that effect. The said benefit is subject to the conditions mentioned in aforementioned notifications. The merchant exporters are advised to fake following precautions to avail the benefit of the scheme: i) The Name and GSTIN of the Registered Supplier should be provided against each item in Third Party details column of Shipping Bill. The GST Invoice details of the registered supplier of each item should be declared in the ARE Certificate and Date columns in the Shipping Bill format. Nec....