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Re.: IGST issue on export from Bonded warehouse

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This query is : Resolved

Roshan Gahtibandhe (Querist)

05 April 2020 R/All.

We import pharmaceutical raw material in India and file the warehouse bill of entry and store the material at bonded warehouse without paying Import duty, as per buyer requirement we export this material directly from bonded warehouse.
So at the time of export can we dispatched the goods under IGST 18% paid or we can directly dispatched under LUT or any third way of zero duty ?
If we export this material under IGST 18% paid (from balance credit) so in that case can we claim of GST refund.

Please suggest.

Regards
Roshan Gathibandhe

CA Suresh Jain

CA Suresh Jain (Expert)

11 April 2020 The Goods have been brought in India but Custom duty was not payable as the goods have been deposited in Bonded ware house. In view of this removal of goods for sending them out of India shall export and therefore you have a choice to export under Bond or after payment of GST. It is suggested that for removal of doubt you should approach AAR, till then should go for Export under bond and claim Input credit refund.

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