Dutydraw back and service tax input claiming

[chikkaiah madhappa]

Whether service tax input credit can be claimed in the following case. 

A textile company its 70% revenue is from export  and 30% revenue is charging service tax on agency commission. The co is taking ST input on all the service bills & also taking duty drawback credit. Is it right??

AI Summary

Duty drawback and input credit can be claimed concurrently under distinct fiscal mechanisms, subject to applicable standards and professional advice.
Whether service tax input credit can be claimed alongside All Industry Duty Drawback is considered. All Industry Duty Drawback refunds assumed customs duty on inputs for exports on a weighted average basis under prescribed standards. CENVAT credit of input services and duty drawback are distinct mechanisms and may be availed simultaneously, but the adviser recommends verifying with counsel or the Range Superintendent to ensure compliance with applicable standards.