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TMI BlogExport sales return and re -exportX X X X Extracts X X X X X X X X Extracts X X X X ..... An exporter exported goods on payment of IGST and received refund of the IGST paid. However, subsequent to the export, the goods were returned back to India by the customer due to quality issues. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exporter cleared the goods without payment of import duty under the re-export option by furnishing a bond and then re-exported the goods under LUT. In the meanwhile, the exporter paid back through DRC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -03 , the IGST refund received, as he thought that since the goods were sent back, he had to pay back the IGST refund received. Was the exporter right in paying back the IGST refund received ? Can the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exporter now apply for refund of the IGST paid through DRC-03 ? Kindly share your views . - Reply By KASTURI SETHI - The Reply = Ultimately the goods were exported without payment of duty under LUT. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Undisputed fact. The exporter was right in paying back the refund of IGST. Not entitled to refund of IGST paid back through DRC-03. Eligible to claim refund of unutilized ITC under Section 54 (3) (i) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of CGST Act read with Section 16 of IGST Act. - Reply By Ganeshan Kalyani - The Reply = I agree with the view of Sri Kasturi Sir. - Export sales return and re -export - Query Started By: - Sooraj B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated:- 14-1-2025 Last Replied Date:- 15-1-2025 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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