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.
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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-
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54/2018-Central Tax ,dt. 09-10-2018
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View (350 KB)
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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)
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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
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