Notification No. 53/2018
Date: October 9, 2018
Subject: Amendment to CGST Rules relating to restriction on refund of IGST on exports
Description:
This notification introduces the CGST (Eleventh Amendment) Rules, 2018 and substitutes rule 96(10) retrospectively. It restricts refund of integrated tax (IGST) paid on exports where exporters have received supplies under specified concessional rate or exemption notifications. The amendment prevents double benefits of exemption and refund, ensuring revenue neutrality.
Amendment:
This notification amends notification No. 3/2017