Drawback & gst refund - on account of export sales

This query is : Resolved

TARIQUE RIZVI (Querist)
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05 November 2019 Respected Sirs,

We are getting duty drawback @ 0.85% against export sales. I have heard that those who are getting credit of duty drawback against export sales are not at all entitled for any sort of GST Claim Refund

Please guide me and oblige.

PHANEENDRA MALLA

PHANEENDRA MALLA (Expert)
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05 November 2019 We are entitled to GST Refund claim even if we are claiming Duty Drawback.

But it is better to claim lower rate of duty drawback and claim gst refund on such invoices

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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29 May 2020 Exporters can claim higher rate of duty drawback (composite AIR) subject to conditions that no input tax credit of CGST/IGST is claimed, no refund of IGST paid on export goods is claimed and no CENVAT credit is carried forward. A declaration from exporter and certificate from jurisdictional GST officer in this regard has been prescribed in the notification related to AIRs. This will prevent double availement of neutralisation of input taxes.

Exporters also have the option of claiming only the Customs portion of AIR and claim refund/ITC under GST laws.

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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29 May 2020 https://taxguru.in/custom-duty/duty-drawback-exim-scheme.html
https://www.indiafilings.com/learn/duty-drawback-scheme/
https://cleartax.in/s/impact-of-gst-on-export-of-goods-and-services
https://taxguru.in/goods-and-service-tax/higher-rate-duty-drawback-igst-refund-gst-regime.html
https://taxguru.in/custom-duty/igst-refunds-claimed-claiming-drawback.html

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