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TMI BlogClarification on certain issues related refundX X X X Extracts X X X X X X X X Extracts X X X X ..... ns seeking clarification on certain issues relating to refund. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, l, Commissioner, in exercise of its powers conferred by section 168 (1) of the Jammu and Kashmir Goods and Services Tax Act, 2017 (hereinafter referred to as the "JKGST Act"), hereby clarifies ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mount of Input Tax Credit debited under sub-rule (3) of rule 89 of the Jammu and Kashmir Goods and Services Tax Rules, 2017 (hereinafter referred to as the "JKGST Rules") is required to.be re-credited to the electronic credit ledger of the applicant by using FORM GST RFD-01B and the taxpayer is expected to file a fresh application for refund. 2.2 The issue has been re-examined and it ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ued separately for cases in which such re-credit has already been carried out. 3. Allowing exporters who have received capital goods under EPCG to claim refund of IGST paid on exports: 3.1 Sub-rule (10) of Rule 96 of the Jammu and Kashmir Goods and Services Tax Rules, 2017 (hereinafter referred to as "said sub-rule"), restricts exporters from availing the facility of claiming ref ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the 9th October, 2018 has been issued to carry out the changes recommended by the CST Council. Alongside the amendment carried out in the said sub-rule through the has been rescinded. 3.2 For removal of doubts, it is clarified that the net effect of these changes would be that any exporter who himself/herself imported any inputs/capital goods in terms of notification Nos. 78/2017-Customs and 79/ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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