Job Work — The applicant will carry out job work with a non resident party of conversion of the iron ore into pellets at their plant by adding necessary condiments. These pellets will be exported to non-resident party. The iron ore so imported remains the property of the non-resident. The applicant will be receiving the proceeds for conversion of iron ore fines into iron ore pellets in foreign exchange. The applicant sought clarification on some of questions which were answered as: (A) The applicant is liable to pay IGST on import of iron ore, (B) The applicant is eligible to avail the input tax credit towards payment of IGST under Section 16 of the IGST Act, (C) The applicant is not eligible for refund of unutilized input tax credit on export of goods or services as per the second proviso to Sub-section 3 of Section 54 of the CGST Act. — Chowgule & Co Pvt. Ltd., In Re… [2019] 12 TAXLOK.COM 097 (AAR-Goa)