We are in the business of pure export service where no outward GST liability arises (opted bond/LUT). However we need to pay GST on reverse charge mechanism on our inward supply from unregistered dealer supplies, which should be paid in cash. Since we dont have any outward taxable GST supply we could not adjust the same against outward liability. Is there any way we can withdraw GST paid on RCM?
CAclubindia
