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TEA hails CBIC clarification on IGST refunds

12
Oct '18
The Tiruppur Exporters’ Association (TEA) has welcomed the recent Central Board of Indirect Taxes and Customs (CBIC) clarification that exporters claiming refund of integrated goods and services tax (IGST) paid on export of goods can get it even if they import capital goods under the Export Promotion of Capital Goods (EPCG) scheme, saying it is a great relief.

TEA president Raja M Shanmugham said in a statement that despite the permission given for imports made under EPCG scheme, the relief has not been extended for imports (like fabrics) made under the Advance Authorization scheme. (DS)

Fibre2Fashion News Desk – India


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