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refund of accumulated ITC on account of ZERO rated supply

ITC / Input 166 views 2 replies
dear all,
can i claim refund u/s 54 of accumulated ITC on account of zero rated supply if i m claiming duty drawback on packing material.kindly reply asap..
Replies (2)
No.... Either u claim duty drawback or claim ur itc gst refund.... Both not possible

Refund of ITC and duty drawback in respect of tax suffered on same goods, cannot go together, since that would amount to double benefit to the exporter. In your case, i find that you are claiming drawback on packing material and refund of ITC of tax suffered and accumulated in respect of other items. In such a situation, there is no bar and in my view, you can claim refund and drawback simultaneously. 


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