How we can take refund on excess itc....?
What is its full procedure
It will be taken monthwise? Or yearwise?
You can claim refund anytime by puting a refund request from your login of GST portal
2 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 14 September 2018
Refund claim from credit ledger can be made only in case prescribe in Section 54 CGST Act
- Export of goods or services.
• Supplies to SEZs units and developers
• Deemed exports
• Refund of taxes on purchase made by UN or embassies etc.
• Refund arising on account of judgment, decree, order, or direction of the Appellate Authority, Appellate Tribunal, or any court.
• Refund of accumulated Input Tax Credit on account of inverted duty structure
- Export of goods or services.
• Supplies to SEZs units and developers
• Deemed exports
• Refund of taxes on purchase made by UN or embassies etc.
• Refund arising on account of judgment, decree, order, or direction of the Appellate Authority, Appellate Tribunal, or any court.
• Refund of accumulated Input Tax Credit on account of inverted duty structure
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