05 September 2023
Please clarify, 1- I bought a good for Rs. 500 + GST (18% Rs.90) = 590 and I sold that good for Rs. 490 + GST (18% Rs. 88.2)= 578.2 (at discount) here, the ITC of (Rs. 90- Rs. 88.2) Rs. 1.8 is being accumulated, will this amount be refunded at any time... 2- Am i eligible to claim whole Rs. 90 ITC. Question relates to discount circular no. 92 and 105 of 2019. Thanks in advance