alleryStart learning →Exporter avails central tax drawback. Input credit refund?
ADoubled in value
BPaid after ninety days
CNot allowed at all
DAllowed at half
Answer & Solution
Correct answer: C. Not allowed at all
The third proviso to Section 54(3) bars input tax credit refund if the supplier avails drawback in respect of central tax or claims refund of integrated tax.
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