GST refund-In adjusted Turnover CIF or FOB Export should be considered?

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While applying the GDT refund application.In adjusted turnover,Export Turnover should be considered as FOB or CIF value?
Replies (5)
Refund will be provided on FOB value.
Refund will always be paid on FOB Value

In numerator FOb value and denominator also FOB value or CIF value?

In numerator FOb value and denominator also FOB value or CIF value?

Dear sir,

In denominator,we have to consider FOB or CIF ,please confirm


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