GST Refund admissible on receiving export proceeds via authorized dealers like Paypal: Madras HC

Afortune Trding Research Lab LLP Vs Additional Commissioner (Appeals I) (Madras High Court) Madras High Court held that receipt of export proceeds through authorized dealers like Paypal is in accordance with the direction issued by RBI and hence GST refund duly admissible. Facts- Petitioner being exporter of service filed refund application u/s. 54 of the IGST Act read with Rule 89(2) of the CGST Rules. The Appellate Authority has rejected the refund claim mainly on the reason that the Appellant had not received the payment in foreign exchange and it was Paypal payment services who is acting a...