Input GST reversed because of disputes with suppliers now can I re-claim
This query is : Open
07 August 2024
Dear Experts,
In FY 22-23 my company purchased goods from 5-6 suppliers and claimed GST in the respective months. But, in the same year the company detected a scam in the purchase department. So, we refunded the GST through cash of some suspicious parties, but after investigation in FY 24-25 we found that some parties were genuine. Can we get GST refund in FY 2024-25? Please help me as the amount is very huge
If yes, please provide me supporting evidence like judgement, circular, section etc.
In FY 22-23 my company purchased goods from 5-6 suppliers and claimed GST in the respective months. But, in the same year the company detected a scam in the purchase department. So, we refunded the GST through cash of some suspicious parties, but after investigation in FY 24-25 we found that some parties were genuine. Can we get GST refund in FY 2024-25? Please help me as the amount is very huge
If yes, please provide me supporting evidence like judgement, circular, section etc.
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