No Drawback at higher AIR even if ITC not availed by exporter

By | July 19, 2017
(Last Updated On: July 19, 2017)

Question : Is Drawback at a higher All Industry Rate (AIR) admissible if an exporter has not availed Input Tax Credit of GST or refund of IGST paid on exported goods ?

Answer: No. After 30th September 2017, drawback will be admissible only at lower rate determined on the basis of the custom duties paid on the goods imported for supplying goods for export.

GST on Export : FAQ’s

GST on Textile : FAQ’s

GST on MSME : FAQ’s

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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