Refund under GST

[Jasbir Uppal]

Dear Professionals

I have following queries :-

1) Refund of duties paid for stock left on 30th June and utilized post GST implementation.

2)The duty drawback paid on goods starting from 01 July 2017 to 30 Sep 2017 post duty drawback scheme withdrawn, refund on these duty paid goods.

3) Procedure for refund under the above mentioned circumstances.in CGST & SGST.

Thanks & Regards

J S Uppal

Tax Consultant

[Alkesh Jani]

Sir, Please refer Circular No. 17/17/2017-GST dated 15/11/2017 for refund. However, for refund of unutilized ITC please wait for RFD-01,

AI Summary

Tax Consultant Seeks Clarity on GST Refunds for Stock Duties and Duty Drawback Post-July 2017 Implementation A tax consultant inquires about the refund process under the Goods and Services Tax (GST) for duties paid on stock left as of June 30th and utilized after GST implementation, as well as for duty drawback on goods from July 1, 2017, to September 30, 2017, after the withdrawal of the duty drawback scheme. A respondent advises referring to Circular No. 17/17/2017-GST dated November 15, 2017, for guidance on refunds and suggests waiting for the RFD-01 form for unutilized Input Tax Credit (ITC) refunds.