Скачать или смотреть GST Refund Denied via PayPal? Madras HC Says This Is Export of Service! GST with Saradha in Tamil

#MSME business owner exporting goods or services abroad know the important role of online payment systems like #Paypal for getting #FOREXreceipt

But the biggest pain is getting #GSTRefund!

6 years - 2 rejections - and finally that 1 relief for an Indian exporter from #MadrasHighCourt ! All these pain for a simple legitimate refund of "11.65 lakhs" rejected way back in 2019, while the news hits about monthly GST collections of "X Lakhs in Crores".

A small-scale #exporter serving #USclients through PayPal and #Citibank faced rejection of GST refund over INR transfers. In an era where Government is promoting Indian Rupees for #GLOBALISATIONofINR and #RBI liberalising these policies years ago, we are still living with refund rejection on these grounds until the Court interferes.

After 6 years of struggle, Hon'ble Madras High Court finally ruled in their favour, confirming that when FOREX is routed through intermediary agent, transaction does qualify as #ExportofService - and refunds must be sanctioned.

📌 A silent yet impactful case worth a read and reference for many exporters facing such refund difficulties.

👉🏼 Watch the video as we break it down for you in simple terms.

#GSTwithSaradha

𝐶𝑎𝑠𝑒 𝑐𝑖𝑡𝑎𝑡𝑖𝑜𝑛: 𝑀/𝑠. 𝐴𝑓𝑜𝑟𝑡𝑢𝑛𝑒 𝑇𝑟𝑑𝑖𝑛𝑔 𝑅𝑒𝑠𝑒𝑎𝑟𝑐ℎ 𝐿𝑎𝑏 𝐿𝐿𝑃 - 𝑊.𝑃.𝑁𝑜.2849 𝑜𝑓 2021

#ExportersUpdate #MadrasHighCourt #SmallBusinessRelief #IndianExporters #CitiBank #RBI