Steps to file refund application for IGST paid on export of goods & conditions to be fulfilled
There is no requirement to file separate refund for IGST paid on export of goods. The shipping Bills filed by the taxpayers itself is treated as refund application and the refund amount is processed and paid to the taxpayer if the following conditions are fulfilled:
1. GSTR-3B for the relevant tax period should have been filed.
2. Form GSTR-1 for the month of July or Table 6A of GSTR-1 for subsequent months must be filed.
3. Shipping bill number and date and other details should be mentioned in Table 6A of GSTR-1.
4. IGST amount to be paid should be shown under Table 3.1(b) of GSTR-3B, which must be equal or greater than the IGST amount shown to be paid under Table 6A of GSTR-1.
5. The invoice details given under GSTR-1/Table 6A of GSTR-1 and given under shipping bill should be same.
AO was not justified in making addition by adopting method of extrapolation without bringing any material evidence in support -…
Court can not sit over comparative financial attractiveness of rival offers or to substitute its own view for the decision…
When quantum appeal stands restored to the AO, penalty can not be levied u/s 221(1) of the Income Tax Act…
Even if, the assessee is engaged in the bogus purchases, the entire purchases cannot be disallowed - ITAT In a…
Order to stock broker through WhatsApp may be considered as legally verifiable record - SEBI SEBI in an informal guidance…
ICAI Guidance Note on Audit of Banks 2026 Edition ICAI has issued 2025 edition of the Guidance Note on Audit…