GST REFUND ON EXPORT WITH INR RECEIPT

596 views 1 replies

Dear Expert,

We have purchased material from local suppliers in India, which was exported out of India without paying IGST. We are receiving payment from the buyer in INR. My question is if we are receiving payment in INR then GST department will reject our GST refund application or not?

Thank you,

Replies (1)

Receiving payment in INR for exports shouldn't directly impact your GST refund application.

However, there are some considerations: GST Refund Eligibility To be eligible for a GST refund, you must meet the following conditions:

1. *Export without payment of IGST*: You've exported goods without paying IGST, which is eligible for a refund.

2. *Payment received in convertible foreign exchange*: Although you're receiving payment in INR, this shouldn't affect your refund eligibility, as the payment is for an export transaction. GST Refund

Application When submitting your GST refund application:

1. *Table 6A of GSTR-1*: Ensure you've reported the export transaction in Table 6A of GSTR-1.

 2. *GST RFD-01*: File GST RFD-01, providing details of the export transaction, payment received, and bank realization certificate (BRC). Potential Issues While receiving payment in INR shouldn't directly impact your refund, be cautious of:

1. *Bank Realization Certificate (BRC)*: Ensure the BRC is issued by the bank, confirming the receipt of payment in INR for the export transaction.

2. *GST Audit*: During GST audits, authorities might scrutinize transactions, including payment receipts. Maintain proper documentation to support your refund claim. In conclusion, receiving payment in

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details