Notifications on GST exemptions puzzle exporters

Topics GST | exporters | Indian export

The Department of Revenue Intelligence (DRI) has sent notices to a number of advance authorisation (AA) holders alleging irregular availment of exemption of Integrated Goods and Services Tax (IGST) on their inputs imported under AA as well as refund of IGST paid on their export products and asking them to regularise the matter by making payment of IGST on their inputs.   When the GST was introduced on July 1, 2017, the exporters were allowed to import under AA for physical exports on payment of IGST and export without payment of IGST under legal undertaking or on payment of IGS.....

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