ITC Refund on Exports: Circular No.14/2018-Customs Lacks Clarity, New Procedures Not Retrospective, Case Reconsidered.

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....Refund of Input Tax Credit - exports of goods outside India - zero rated supplies - The admitted position is that the Circular No.14/2018-Customs is neither clarificatory nor it determines the eligibility of allowing refund of Input Tax Credit on exports. In any event, the new procedure cannot be made applicable from a retrospective date. - Matter restored back - HC....