The Central Government today notified the tenth amendment to the Central Goods and Services Tax (CGST) Act, 2017.
The amended notification says that for claiming refund in respect of supplies regarded as deemed exports, the application may be filed by either the recipient of deemed export supplies or the supplier of deemed export supplies in cases where the recipient does not avail of input tax credit on such supplies and furnishes an undertaking to the effect that the supplier may claim the refund.
It further said that the Commissioner can allow time to file bond or Letter of Undertaking in case of claiming refund of integrated tax paid on export of goods or services under bond or Letter of Undertaking. Earlier, the same shall be submitted within fifteen days after the expiry of three months from the date of issue of the invoice for export, if the goods are not exported out of India or fifteen days after the expiry of one year, or such further period as may be allowed by the Commissioner, from the date of issue of the invoice for export, if the payment of such services is not received by the exporter in convertible foreign exchange.
Read the full text of the Notification below.
