Clarification regarding regularization of refund of IGST availed in contravention of rule 96(10) of RGST Rules, 2017, in cases where the exporters had imported certain inputs without payment of integrated taxes and compensation cess.

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.... Department Date: 27-09-2024 GST Circular No. 24/2024 All Special Commissioners/Additional Commissioners/Joint Commissioners/ Deputy Commissioners /Assistant Commissioners, State Tax, Rajasthan, Jaipur Subject: Clarification regarding regularization of refund of IGST availed in contravention of rule 96(10) of RGST Rules, 2017, in cases where the exporters had imported certain inp....

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.... compensation cess, by availing the benefits under Notification No. 78/2017-Customs dated 13.10.2017 or Notification No. 79/2017-Customs dated 13.10.2017, but subsequently, at a later date, the said person has either paid the IGST and compensation cess, along with interest, on such imported inputs or is now willing to pay such IGST and compensation cess, along with interest. 2. The issue has be....

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....nsation Cess on inputs and has availed exemption of only Basic Customs Duty (BCD) under the said notifications." 2.2 A bare perusal of the said Explanation, which was inserted with retrospective effect, reveals that in cases where the benefits of these exemption notifications have not been availed in respect of IGST and compensation cess, it shall be deemed that benefit of the said notification....

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....he above, it is clarified that where the inputs were initially imported without payment of integrated tax and compensation cess by availing benefits under Notification No. 78/2017-Customs dated 13.10.2017 or Notification No. 79/2017- Customs dated 13.10.2017, but subsequently, IGST and compensation cess on such imported inputs are paid at a later date, along with interest, and the Bill of Entry in....