FOB value u/r 89(4)(c)

as per notification 10/22, new delhi dtd.5/07/2023

For calculating refund FOB value declared in shipping bill should be taken as Export of goods.

but adjusted turnover not clarify in notification.

Therefore my question is,
for calculating refund amount, in adjusted turnover freight and insurance amount should be added??

please clarify..
Replies (5)
Quick Summary
This discussion clarifies the calculation of FOB value for GST refunds, specifically referencing notification 10/22 dated 5/7/2022. While the notification states FOB value from the shipping bill should be used for exports, it doesn't explicitly clarify how to handle adjusted turnover. The consensus suggests using the invoice value for determining adjusted total turnover, noting that the impact on the refund amount is minimal.

You can take as per invoice value for the purpose of determining adjusted total turnover.
Thanks sir,
but refund will be coming less.
Yes but the affect is very minimal not material...
As per notification 10/22, new delhi dtd.5/07/2023??????
Please see GST council notification no. 10/2022 dt. 5/7/2022

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