Hi
Im into ecommerce business with multiple gst across india (6 to be precise)
All my expenses are under GST through which we get GST Input, due to this our GST input is exceeding and is in surplus.
How can we claim the same as the accumulated amount is on higher side.
Thanks
GST Input Surplus Refund
Replies (1)
You generally cannot claim a cash refund for surplus GST input credit unless it arises from exports (zero-rated supplies) or an inverted duty structure; otherwise, the credit must be carried forward to offset future tax liabilities.
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