Q 3. Can unutilized ITC be given refund, in case goods exported outside India are subjected to export duty?an unutilized Input tax credit be allowed as refund?
Q 4. Can ITC of goods lying in stock at the end of the financial year (after introduction of GST) be refunded?
Q 5. Suppose a taxable person has paid IGST/ CGST/SGST mistakenly as an Interstate/intrastate supply, but the nature of which is subsequently clarified. Can the CGST/SGST be adjusted against wrongly paid IGST or vice versa?
Q 20. Presently under Central law, exporters are allowed to obtain duty paid inputs, avail ITC on it and export goods upon payment of duty (after utilizing the ITC) and thereafter claim refund of the duty paid on exports. Will this system continue in GST?