ITC Lapse
Faheem Akram (802 Points)
18 September 2018Faheem Akram (802 Points)
18 September 2018
Vinod Araveti
(Practicing CA)
(1180 Points)
Replied 18 September 2018
Dear Faheem Akram,
Notification no. 20/2018, dt.26/07/2018.
Faheem Akram
(802 Points)
Replied 18 September 2018
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 18 September 2018
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 18 September 2018
gopikishan kabra
(proprietor)
(26 Points)
Replied 06 October 2018
THE NOTIFICATION 20/2018 IS BEYOND THE POWERS I HAVE FILLED RTI APPLICATION FOR IT , COPY OF THE SAME ENCLOSSED HEREWITH.
WE HAVE PAID VALUE IN CASH FOR SURPLUS GST AND IN CONSIDERATION OF IT THE ACT PROVIDE US RIGHT TO UTILISE THE SAME FOR OUR TAX LIABILITIES IN FUTURE. AS PER MINUTES OF GST COUNCIL MEETING GST IS NOT LAPSED AND THERE IS NO ANY SECTION WHICH EMPOWER TO LAPSE ANY KIND OF GST.
KEEP PATIENCE AS REFUND IS ALLOWED IT WILL BE EASY TO UTILISE THE ACCUMULATED ITC.
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