GST REFUND ON EXPORT WITH INR RECEIPT

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

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