Duty Drawback and ITC Refund

[Kaustubh Karandikar]

If my understanding is correct, after 01.07.17, if a person is claiming ‘All Industry Rate’ of Duty Drawback, still he can claim refund of accumulated ITC on account of continuous exports. But I am not getting the relevant circular / authority under which it is allowed. Please help.

AI Summary

Can you claim both Duty Drawback and GST ITC refund on exports? Insights from Circular No. 37/11/2018-GST. A discussion forum addresses a query about claiming refunds under the Goods and Services Tax (GST) system. The initial question concerns whether a person claiming the 'All Industry Rate' of Duty Drawback can also claim a refund of accumulated Input Tax Credit (ITC) due to continuous exports. Several participants, including experienced professionals, contribute to the discussion by referencing relevant circulars and amendments, such as Circular No. 37/11/2018-GST and subsequent amendments. The conversation highlights the importance of continuous learning and sharing knowledge within the taxation community.