{"id":70505,"date":"2024-12-04T08:44:22","date_gmt":"2024-12-04T03:14:22","guid":{"rendered":""},"modified":"2024-12-04T08:44:22","modified_gmt":"2024-12-04T03:14:22","slug":"refund-denied-if-export-proceeds-realized-in-inr-via-non-resident-vostro-bank-account-outside-acu-nepal-bhutan","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=70505","title":{"rendered":"Refund denied if export proceeds realized in INR via non-resident Vostro bank account outside ACU\/Nepal\/Bhutan."},"content":{"rendered":"<p>Refund denied if export proceeds realized in INR via non-resident Vostro bank account outside ACU\/Nepal\/Bhutan.<br \/>Case-Laws<br \/>GST<br \/>The High Court quashed the impugned orders denying refund application, based on the respondents&#39; clarification that refund would not be denied if export proceeds are realized in Indian Rupees routed through a non-resident bank&#39;s freely convertible Vostro account outside the Asian Clearing Union or Nepal and Bhutan. However, the respondents contended that the appl<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=83667\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Case-Laws &#8211; GST &#8211; Highlights &#8211; The High Court quashed the impugned orders denying refund application, based on the respondents&#8217; clarification that refund would not be denied if export proceeds are realized in Indian Rupees routed through a non-resident b<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-70505","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70505"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/70505\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}