ORDER NO. 01/2022: GST RULE 96 OF THE CGST RULES 2017
Order No. 01/2022 has been issued by the CBIC to amend the CGST Rules 2017.
The amendment pertains to Rule 96, which deals with the refund of integrated tax paid on export of goods or services.
The amendment requires the exporter to declare the details of the export invoice and the integrated tax paid in the shipping bill.
The exporter must also declare that the integrated tax has been paid and that the refund claim has not been filed previously.
The amendment also requires the exporter to provide a declaration that the goods have been exported and that the details furnished are true and correct.
The amendment is aimed at streamlining the refund process and reducing the instances of fraudulent claims.