The Central Board of Excise and Customs (CBEC) has released Frequently Asked Questions (FAQs) on IGST Refund, wherein it was clarified that, exporters must ensure that, only correct and sufficient information is filed in both GSTN and Customs system to get the IGST Refund.
“The registered persons who have exported goods out of India on payment of IGST are eligible to get the refund of Integrated tax so paid subject to certain conditions relating to filing of correct and sufficient information in both GSTN and Customs System”, the FAQ said.
The CBEC issued FAQs due to the representations from exporters and trade association in relation to pending IGST refund.
The CBEC has also clarified that, Under GST, exports and supplies to SEZ and zero rated, it meant that the entire supply chain of a particular supply is tax free, i.e., there is no burden of tax either on the input side or output side.
While answering a questions relating to errors and its rectification, the CBEC said that, “Correction of errors need to be done in the GST return filed. Table 9A has been provided to carry out those corrections. If the exporter find that even after the correct filing of return, their shipping bills do not reflect in Customs system, they may write to GSTN helpdesk”.
In the FAQs consisting of 20 questions, the CBEC has answered questions addressed by exporters and trade associations.