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Higher rate of duty drawback
If itc availed in gst for july 17 to sep 17 , whether higher rate of duty drawback claimed in july 17 to sep 17 is correct. please clarify
Replies (2)
No, You Can not claim input tax credit in Case of higher rate of duty draw back as per section 54(3);of the CGST act , however check out case laws , Honorable High court decisions, circular by CBIC etc , take others Opinion as well.
Thank you sir for reply.. but we did not apply for any refund for exports( all exports are under bond ) and as per notification 73/2017 CT . in that notification isnt we have to comply a(i) OR a(ii) and b
so to claim either no itc claim OR refund of igst claimed.
whether my understanding correct...
so to claim either no itc claim OR refund of igst claimed.
whether my understanding correct...
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