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IGST Refund Granted for July 2017 Exports with 7% Interest, Circular Confirms No Impact from Duty Drawback Rules.

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....Refund of IGST - Export of goods in July 2017 - zero rated supplies - simultaneous duty drawback claim - circular dated 9.10.2018 explains the provisions of the drawback and it has nothing to do with the IGST refund. Thus, the circular will not save the situation for the respondents - Refund to be allowed with 7% interest.....

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