WHAT EFFECT OF GST ON SHIPPING BILL UNDER EXPORT

[NITIN SHARMA]

Sir/Madam,

Before implement/applied of GST , We were filing the shipping bill for Export under Drawback

We have taken Drawback A and B category

But after implement of GST

There are 3 declaration DB001, DB002 AMD DB003

There a declaration have to be mention mandatory in case of filling shipping bill under Drawback

Can you let me know that which declaration to be mention for Drawback under A or B

[Ramesh Kothari]

No I can avail full DBK subject to without availing cenvat/GST U hv to declare no credit avail in export product

 

AI Summary

GST impact on export drawback: declare no input tax credit on the shipping bill to claim full drawback. Under GST, exporters claiming full drawback for Drawback A or B must declare on the shipping bill that no input tax credit or cenvat has been availed on the exported product. The shipping bill requires a mandatory drawback declaration code reflecting non availment of credit; failure to make the correct declaration will affect entitlement to full drawback and requires aligning the declared code with the exporter's GST credit position.