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.

[KASTURI SETHI]

Dear Sir,

Go through replies of Sh.Sanjay Malhotra, CS and Sh.Alkesh Jani in respect of Issue ID No.113414 dated 16.2.18. These will be helpful to you.

[DR.MARIAPPAN GOVINDARAJAN]

Sir,

You have vast experience in taxation matters. We expect your advice in the queries raised in this forum. However I appreciate your efforts in knowing more and thorough.

[KASTURI SETHI]

Dr.Govindarajan Sir,. You have echoed my feelings and thoughts. Sh.Karandikar Sir is not a Querist. He his himself expert. See high standard of drafting and depth of each query. Despite that he is humble and has no ego. It is also a fact that we learn throughout life. If we do not learn, we will be a stagnant water. I also appreciate his thirst for seeking more knowledge. Kudos to him and you also. You also have written articles in thousands. It is not every body's cup of tea. I cannot write.

[YAGAY and SUN]

Circular No. 37/11/2018-GST 15th March 2018.

[KASTURI SETHI]

M/s.YAGAY AND SUN,

Dear Sirs, Thanks for enrichment of my knowledge. This circular was further amended vide Circular Nos. 45/19/2018-GST dated 30-05-2018 59/33/2018-GST dated 04-09-2018.. So many issues have been clarified in these three circulars.

[dhasarathan vijayanarayanan]

i am received duty draw back,and also gst refund received ,it is possible

[dhasarathan vijayanarayanan]

person is climing duty draw back,still he can claim refund ofaccumalated ITC on accont of export sales

AI Summary

Refund of accumulated input tax credit allowed despite claiming duty drawback at all-industry rate, clarified by GST circulars.
An exporter claiming the All Industry Rate duty drawback may still be eligible to claim a refund of accumulated input tax credit on account of continuous exports; administrative GST circulars and their amendments clarify the interaction between duty drawback claims and ITC refund eligibility and procedure.