Refund of input credit of 100%EOU entities

Presently under Central law, exporters are
allowed to obtain duty paid inputs, avail ITC on it and
export goods upon payment of duty (after utilizing
the ITC) and thereafter claim refund of the duty paid
on exports.

Under the GST regime exports will be zero rated
which means that the export goods would not suffer
any actual tax liability although inputs for such exports
would be tax paid. Under GST, refund will be allowable on
the accumulated inputs as well as on exported finished
goods.

Dear Swati,

Thanks for the reply. Currently in the existing law we are not claiming refund of inputs.

Our organisation is "Foreign Company". (Section 2(42) Companies Act 2013).

Big 4 advised that since you are doing service to your HQ and HQ will not be treated as separate person to claim refund.

Under GST can we claim refund.