Rule 96A of the Central Goods & Services Tax Rules 2017 — Refund of IGST — The Petitioner states in para 2 of the petition that it is a web developer and IT software solution services provider in the international and domestic market. Prior to the implementation of the Integrated Goods and Service Tax Act, 2017 ('IGST Act'), there was no service tax on the export of services provided by the Petitioner. Post the IGST Act, the export services provided by the Petitioner are covered under 'zero rated supply' under Section 16(1)(a) of the IGST Act. In order to avail of the input tax credit, the Petitioner, being a new entrepreneur with an export turnover of less than Rs. 1 crore per annum, has to necessarily furnish a bond with a bank guarantee. Such a condition does not apply to an exporter with an annual turnover exceeding Rs. 1 crore. This is the Petitioner's understanding. On request of respondent short adjournment granted. [2017] 49 TUD 399 (DEL)