Question

Vide Notification No. RE 53 under Foreign Trade Policy (Ministry of Commerce), restriction of exemption on IGST for Import under Advance Authorization only if it is imported First Is removed.
1) Does this mean that there is exemption even if you Export first and Import later?
2) If that is correct, can we Export first paying IGST and claim refund of IGST paid and later Import under Advance Authorization without payment of IGST? Is this Permissible?

Answer

Notification No 54/2018 of Central Tax read with Rule-96 of CGST Rules, 2017 put restriction on refund of IGST paid on export of goods if input are procured against advance authorization. Therefore you can not take advance authorization against the goods exported on payment of IGST.
The notification No. RE 53 of FTP can be availed if the goods are exported under LUT so that the basic theme of notification No-54/2018 of Central Tax is not disturbed. (Reply dt.22/04/2019)