Duty Drawback and ITC Refund

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Duty Drawback and ITC Refund
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 10-12-2018 Last Reply Date:- 5-9-2019 Goods and Services Tax - GST
Got 7 Replies
GST
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 rel .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... evant circular / authority under which it is allowed. Please help. Reply By KASTURI SETHI: The Reply: 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. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Sir, You have vast experience in taxation matters. We expect your advice in the queries rais .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed in this forum. However I appreciate your efforts in knowing more and thorough. Reply By KASTURI SETHI: The Reply: 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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. Reply By YAGAY andSUN: The Reply: Circular No. 37/11/2018-GST 15th March 2018. Reply By KASTURI SETHI: The Reply: M/s.YAGAY AND SUN, Dear Sirs, Thanks for enrichment of my kn .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... owledge. 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. Reply By dhasarathan vijayanarayanan: The Reply: i am received duty draw back,and also gst refund received ,it is possible Reply By dhasarathan vijayanarayanan: The Reply: person is climing duty draw back,st .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ill he can claim refund ofaccumalated ITC on accont of export sales
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X