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GST - Rule 96(10) prospectively amended to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports.
 

 

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)

Jhansi Castle, 4th Floor, 7, Cooperage Road, Mumbai - 400 001. India

Tel : +91 22 22021288 Website : www.//chemexcil.in

 

 

 

EPC/LIC/GST/EPCG                                                                               10/10/2018

 

ALL  MEMBERS OF THE COUNCIL

        

 

GST

 

Rule 96(10) prospectively amended to allow exporters who have received capital goods

 

under the EPCG scheme to claim refund of the IGST paid on exports.

 

 

 

Dear Members,

 

The Central Board of Indirect Taxes & Customs (CBIC) has issued    Notification No. 54/2018 – Central Tax  dated 9th October, 2018 whereby  Rule 96(10) is  prospectively amended to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports.

 

Members are requested to take note of this notification.  The same is available for reference using below link-

 

54/2018-Central Tax ,dt. 09-10-2018

View (350 KB)

Seeks to make amendments (Twelfth Amendment, 2018) to the CGST Rules, 2017. This notification amends rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align rule 89(4B) to make it consistent with rule 96(10)

 

http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-54-central-tax-english-2018.pdf

 

Thanking you.

Yours faithfully,

 

S.G BHARADI
EXECUTIVE DIRECTOR

CHEMEXCIL