Answer

1. F

   Facts

   Under Rule 96A, if payment for services exported under LUT is not received within 1 year of the invoice (or a longer period allowed), IGST with interest is payable. You can claim it back once payment comes.

2. P

   Provisions and law

   • Rule 96A, CGST Rules 2017Export under LUT or bond: goods to be exported within 3 months of invoice and payment for services received within 1 year, else tax with interest
   • Sec 50, CGST Act 2017Interest on tax paid late
3. A

   Analysis

   On an invoice of ₹10,00,000 unpaid after a year, IGST of ₹1,80,000 plus interest becomes due. Ask the Commissioner for more time if recovery is in progress, with proof of follow up. If the client never pays, consider whether the invoice should be cancelled through a credit note under the contract.

4. C

   Conclusion

   1. 1Track the age of every unpaid export invoice.
   2. 2Before the year ends, seek extension from the Commissioner.
   3. 3If no extension, pay IGST with interest through DRC-03.
   4. 4Claim refund once payment is received.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.