TaxTMI 
TaxTMI 
Sir,
We have taken the duty drawback at higher rate (All Industry Rate) now can we take refund of Accumulated ITC. (CGST & SGST)
Accumulated ITC refund in case of Export
11 Jan 2018 
5 Replies 
1829 Views Asked by
Higher duty drawback choice can preclude claiming input tax credit refund under specified customs notifications.
Claiming refund of accumulated Input Tax Credit after taking duty drawback at a higher All Industry Rate is disputed: some forum answers say refund is admissible, while Notification No.73/2017-CUS(NT) and other responses indicate that availing higher-rate duty drawback may bar Input Tax Credit claims. Eligibility depends on factual details and the specific notification or temporal restriction in force. (AI Summary)
Claiming refund of accumulated Input Tax Credit after taking duty drawback at a higher All Industry Rate is disputed: some forum answers say refund is admissible, while Notification No.73/2017-CUS(NT) and other responses indicate that availing higher-rate duty drawback may bar Input Tax Credit claims. Eligibility depends on factual details and the specific notification or temporal restriction in force. (AI Summary)