WebMar 21, 2024 · Refund of duty drawback along with interest: There was no provision under the GST law under which refund of IGST could be withheld due to excess claim of drawback. However, as the Taxpayer was suffering from cash crunch and was in dire … WebDec 28, 2024 · The claim came to be declined on the ground that the writ applicant had claimed higher duty drawback. According to the writ-applicant, there is no legal embargo to avail the drawback at higher rate on one hand and availing refund of the IGST paid with regard to the ‘Zero Rated Supply’ i.e. the goods exported out of India on the other.

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WebJan 8, 2024 · 4. Judgment on GST refund where higher drawback claimed. The Madras Court directed the Respondent to refund the amount paid as IGST by M/S Precot Meridian Ltd. for the goods they exported … WebOct 24, 2024 · Before claiming a refund, the taxpayers should ensure the following conditions are met: GSTR-3B for the month has been filed; Table 6A (Refund on Export) of GSTR-1 has been filed; Shipping Bill details are correctly provided in Table 6A of GSTR-1. The IGST amount mentioned in GSTR-3B is equal to the IGST mentioned in Table 6A of … cm radno vrijeme doboj

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WebQ. 5 How to File application for getting IGST refund from Customs? Ans. As per Rule 96 of the CGST Rules 2024, dealing with refund of IGST paid on goods exported out of India, the shipping bill filed by an exporter shall be deemed to be an application for refund of integrated tax paid on the goods Web2. Non-availment of drawback: The third proviso to sub-section (3) of section 54 of the CGST Act states that no refund of input tax credit shall be allowed in cases where the … WebThe exporter can file a supplementary claim as per the Drawback Rules at a later date after obtaining the certificate. Click here to read on GST Rate for Customs Agents, Cargo Handling and Warehousing. Refund of IGST … cm punjab voting time