Gst itc claim

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This query is : Resolved

Veeranan (Querist)

01 February 2018 We are a Man Made Coir Pith exporter (95% export) located at Tamilnadu

We are exporting against Letter of Undertaking without paying GST.

We are availing duty drawback in the high rate (from 1/7/2017 to 30/9/2017), earlier

Could you please clarify my following query

Whether we are eligible for avail Input Credit for materials purchased ?
Whether Input Credit can avail for Integrated Tax paid for Import?
Whether input credit can avail on SGST/CGST paid on Reversal Charge Mechanism?
We have already filed GSTR3B for July & December 2017 after making payment towards.

If not possible ITC Claim.

I am ready to return the High rate duty drawback with interest any possibility available pls help me sir.

I loss 24 lakhs.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

01 February 2018 1 Yes you are eligible for input credit on materials purchased.
2 yes input credit available on IGST paid on import.
3 yes input credit available on CGST/sgst paid under RCM.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

01 February 2018 Claim ITC on January gstr 3b.

Veeranan

Veeranan (Querist)

01 February 2018 Sir,

I am claim high rate drawback above period. I apply GST Refund the officer not accept me refund Claim for the reason for double claim.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

02 February 2018 Then don't claim ITC in such a case.

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