mangesh chitnis (Accountant) (113 Points)
19 June 2024
In FY 24-25 I have been making exports under LUT, resulted in accumulation surplus ITC in Credit Ledger approx 30 Lakhs. Can I make further exports with payment of duty to get ITC refunds or is there any another way to get refund of surplus ITC in credt ledger.
Thanks & Regards,
Mangesh
CA Anoop Kumar Sharma
(Accounts Manager)
(1771 Points)
Replied 19 June 2024
Another method to file a refund application is through Form GST RFD-01 on the GST Portal, though the approach you mentioned in your question best way.
CAclubindia
