Refund against Advance License

[Asked by Guest]

Dear Sir,

We claim refund under inverted duty structure.

We reduce it by Input service, and Capital goods.

Questions is,

To reduce further above amount by, filling refund application separately for purchases made against,

1. Export with payment of GST

2. Export without payment of GST

Thanking You

AI Summary

Refund on inverted duty structure depends on whether inputs were procured under GST or exempt advance authorization, affecting IGST refund eligibility.
Where imports were made with payment of IGST after utilizing Advance Authorization, exporters may export on payment of IGST and claim IGST refunds via customs; procurements made without GST under Advance Authorization preclude electing the IGST export route, requiring either export under LUT or forfeiture of the exemption, while exports without GST permit proportionate input tax credit refunds for taxable inputs and services.