Goods and Services Tax – Started By: – Jasbir Uppal – Dated:- 16-5-2017 Last Replied Date:- 5-5-2018 – Dear professionalsGST has subsumed all the indirect taxes including service tax, excise and VAT. Only the basic customs duty remains out of its gamut. This sweeping change essentially disturbs the current drawback mechanism.What is the mechanism to adopted by the Government In GST to refund the basic customs duty to exporters in place of duty draw back, because the export is zero rated in GST.
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