ITC Refund, Goods and Services Tax - GST

[Kaustubh Karandikar]

XYZ had exported goods without payment of GST. They claimed refund of the accumulated ITC on account of continuous exports. The foreign customer in some cases had not paid the amount to XYZ against the supply either fully or partially. Is XYZ required proportionately reverse the refund of ITC claimed to the extent of payment not received from the foreign customer?

Posts / Replies

[Ganeshan Kalyani]

https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=8754

Refer article on export