Procedure to reverse drawback previously claimed

[Rahul Agarwal]

I wanted to know whether there is any Procedure to reverse the Higher Drawback Claimed before 30.09.2017 and claim Input Tax Credit (ITC) instead of the same.

[YAGAY andSUN]

To our knowledge there is no such procedure to reverse the Higher Drawback claimed

AI Summary

Reversal of higher drawback unavailable; cannot substitute claimed drawback with input tax credit under existing procedure. No procedure exists to reverse a previously claimed higher drawback and substitute it with input tax credit; once higher drawback has been availed there is no available administrative route to convert that drawback claim into an ITC claim.