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Refund of Export without payment of IGST

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anuj shukla

24 Points Posted on 02 October 2020

I had filed a refund application of export without payment of IGST under LUT. on FoB basis. Can any one explain me, can I file my refund application on CIF basis? Which one is most appropriate either CIF or FoB.?? quote with section and rule.

Replies (4)

Quick Summary

This discussion clarifies how to claim refunds for IGST paid on exports under LUT. The key point is that refunds for unutilised ITC on exports without payment of IGST should be claimed based on the FOB (Free On Board) value of the goods. While CIF (Cost, Insurance, and Freight) might be used for other purposes, for IGST refunds, only the ex-works value of the goods, excluding freight and insurance, is eligible for the refund claim.

CS M Pota

Company Secreatary

3186 Points Posted on 02 October 2020

Your question is not clear.If you want to ask that you have filed Refund application for refund of IGST in export then it is wrong because in IGST refund for export you need to fist pay the GST and thereafter it is refunded.REFUND its self says that RE fund means what ever you First paid be returned/ refunded so you need to pay first thereafter you can have refund.

Please inform what do you understand about CIF and FOB?

anuj shukla

24 Points Posted on 02 October 2020

Sir actually in export we can file refund of untilised ITC in case of export without payment of IGST. and in case of export with payment IGSt you can file refund on services not on goods because its directly transfer in your bank account if its transmitted on ICEGATE portal.So my question is if I am filing refund of export of unutlised ITC then what basis i take refund as zero rated supply either CIF basis as per GstR 1 or Fob basis on shipping bill filed