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..
Menu
refund of accumulated ITC on account of ZERO rated supply
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.
Recent Topics :
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
Related Topics :
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
