IGST Refund for exporters who initially imported without paying IGST & Cess
Circular No. 233/27/2024-GST, issued by the GST Policy Wing of the Central Board of Excise and Customs, addresses the regularization of Integrated Goods and Services Tax (IGST) refunds under sub-rule (10) of Rule 96 of the CGST Rules, 2017. This rule restricts the refund of IGST paid on exports if the exporter has availed concessional or exemption benefits on imported inputs.
Read more at: https://taxguru.in/goods-and-service-tax/igst-refund-exporters-initially-imported-paying-igst-cess.html
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