TMI BlogEXPORT WITH PAYMENT OF IGST- REJECTEDX X X X Extracts X X X X X X X X Extracts X X X X ..... EXPORT WITH PAYMENT OF IGST- REJECTED X X X X Extracts X X X X X X X X Extracts X X X X ..... th Payment of IGST. However Goods rejected by foreign buyer after reaching at his place as not as per the specifications given. IGST paid on Export received as refund. Export proceeds will not realise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and goods will not be re-imported. Now 1. What will be impact on client, under GST act, FEMA Act, Customs Act an treatment in books as well as GST returns. Reply By KASTURI SETHI: The Reply: NAZN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EEN Versus DIRECTOR OF ENFORCEMENT, NEW DELHI = 2008 (9) TMI 216 - RAJASTHAN HIGH COURT Reply By YAGAY andSUN: The Reply: In our you have to reverse all export incentives i.e. refund of IGST, AIR Du ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ty drawback. Further, you can also check the following para of the RBI Master Direction as amended in 2021. 21C.23 "Write-off" of unrealized export bills C.24 Write off in cases of payment of claims ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by ECGC and private insurance companies regulated by Insurance Regulatory and Development Authority (IRDA)
C.25 Write-off - relaxation X X X X Extracts X X X X X X X X Extracts X X X X
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