CBIC notifies Refund of Integrated Tax Paid on all Goods or Services exported Except Certain Class w.e.f. October 1st [Read Notification]

The Central Board of Indirect Taxes (CBIC) vide notification No. 01/2023 – Integrated Tax G.S.R. 578(E) issued on 31st July 2023 notified the refund of the integrated tax paid on all goods or services exported except certain classes mentioned in the notification with effect from October 1st 2023. According to the notification “In In exercise of the powers conferred by sub-section (4) of section 16 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) (hereafter referred to as the “said Act”), the Central Government on the recommendations of the Council, hereby notifies all goods or services (except the goods specified in column (3) of the TABLE below) as the class of goods or services which may be exported on payment of integrated tax and on which the supplier of such goods or services may claim the refund of tax so paid:” TABLE S.No.Chapter / Heading / Sub-heading / Tariff itemDescription of Goods(1)(2)(3)12106 90 20Pan-masala22401Unmanufactured tobacco (without lime tube) – bearing a brand name32401Unmanufactured tobacco (with lime tube) – bearing a brand name42401 30 00Tobacco refuse, bearing a brand name52403 11 10'Hookah' or 'gudaku' tobacco bearing a brand name62403 11 10Tobacco used for smoking 'hookah' or 'chilam' commonly known as 'hookah' tobacco or 'gudaku' not bearing a brand name72403 11 90Other water pipe smoking tobacco not bearing a brand name82403 19 10Smoking mixtures for pipes and cigarettes92403 19 90Other smoking tobacco bearing a brand name102403 19 90Other smoking tobacco not bearing a brand name112403 91 00“Homogenised” or “reconstituted” tobacco, bearing a brand name122403 99 10Chewing tobacco (without lime tube)132403 99 10Chewing tobacco (with lime tube)142403 99 10Filter khaini152403 99 20Preparations containing chewing tobacco162403 99 30Jarda scented tobacco172403 99 40Snuff182403 99 50Preparations containing snuff192403 99 60Tobacco extracts and essence bearing a brand name202403 99 60Tobacco extracts and essence not bearing a brand Name212403 99 70Cut tobacco222403 99 90Pan masala containing tobacco ‘Gutkha’232403 99 90All goods, other than pan masala containing tobacco 'gutkha', bearing a brand name242403 99 90All goods, other than pan masala containing tobacco 'gutkha', not bearing a brand name253301 24 00, 3301 25 10, 3301 25 20, 3301 25 30, 3301 25 40, 3301 25 90Following essential oils other than those of citrus fruit namely: - (a) Of peppermint (Mentha piperita); (b) Of other mints : Spearmint oil (ex-mentha spicata), Water mint-oil (exmentha aquatic), Horsemint oil (ex-mentha sylvestries), Bergament oil (exmentha citrate), Mentha arvensis Except for the goods or services stated above, the supplier can claim the refund of integrated tax paid for the exportation of other goods or services. Explanation. - (i) In this Table, “tariff item”, “sub-heading”, “heading” and “chapter” shall mean respectively a tariff item, subheading, heading and chapters as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975). (ii) The rules for the interpretation of the First Schedule to the said Customs Tariff Act, 1975 (51 of 1975), including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this notification. (iii) For the purposes of this notification, the phrase “brand name” means brand name or trade name, whether registered or not, that is to say, a name or a mark, such as symbol, monogram, label, signature or invented word or writing which is used in relation to such specified goods for the purpose of indicating, or so as to indicate a connection in the course of trade between such specified goods and some person using such name or mark with or without any indication of the identity of that person. Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates

CBIC notifies Refund of Integrated Tax Paid on all Goods or Services exported Except Certain Class w.e.f. October 1st [Read Notification]

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