XYZ is having two types of supplies 1) Exporting manufactured goods or goods received from a supplier who is charging full GST which in turn is exported by XYZ. 2) XYZ is acting as a merchant exporter where the supplier of goods is charging 0.1% GST which in turn is exported by XYZ under LUT. Can XYZ pay IGST on exports under first situation and claim refund of the same and also act as a merchant exporter for the second situation or he is not allowed to do the same since prohibited by Rule 96(10) of CGST Rules?
Export Refund under two situations
Kaustubh Ram Karandikar (Corporate Consultant- Central Excise & Service Tax) (519 Points)
09 March 2023