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refund of accumulated ITC in case of export.

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..... The client is engaged in manufacturing of goods and clear the goods in domestic market and as well as export . the party get the advance authorisation licence and get the goods imported without BCD,SAD, CVD, Cess etc before the GST regime. The Export was made in the month of July 2017 under advance authorisation scheme . the party has also manufactured and cleared the goods in domestic market a .....

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..... nd also availed ITC in respect of goods purchased during the month of JULY 2017 in their manufacturing unit. whether the party can claim refund of unclaimed ITC for the period of JULY 2017 in case they exported the goods under advance authorisation licence .The goods under advance authorisation were imported prior to GST regime and the same were used for manufacturing of goods which were export .....

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..... in the month of July 2017. - Reply By KASTURI SETHI - The Reply = Yes. Refund of accumulated ITC can be claimed. - Reply By YAGAY and SUN - The Reply = This matter is not free from doubts due to flaw in the language used in the relevant notification. Better to seek advance ruling. - Reply By KASTURI SETHI - The Reply = Agreed with M/s.YAGAY AND SONS. If the querist applies for Advances Ru .....

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..... ling, he will win. - refund of accumulated ITC in case of export. - Query Started By: - bk r Dated:- 22-5-2018 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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