business ⚖️ SC clears IGST refund for pending exporters
The Supreme Court has settled the debate on IGST refund eligibility for exporters whose applications were pending. This decision was made by a bench of Justice JB Pardiwala and Justice K Vinod Chandran. Rule 96(10) of the CGST Rules, which imposed restrictions, was omitted by the Central Government on 08.10.2024 without a saving clause. Consequently, these exporters can now claim their IGST refund without any limitations. The Court hopes this ruling will bring an end to conflicting decisions in various High Courts. ⚖️