Payment of tax in case of non-remittance of zero rated supply of goods, Goods and Services Tax - GST

[Gaurav Chauhan]

Sir,

Please clarify, whether we have to pay any tax in case of the non-remittance of export proceeds within stipulated time period of the zero rated supply of the goods and refund is not claimed on such supply.

Posts / Replies

[Shilpi Jain]

Rule 96B allows refund also in cases where sale proceeds not received and the requirement is written off by RBI.

Ideally zero-rated supplies should not be liable to GST even if consideration not received.