refund

142 views 4 replies
i am receiving gst invoice of rent at 18% and i'm purchasing and selling cloth at 5%.So can i claim refund of gst on rent that i have paid.
Replies (4)
You can utilize that ITC.
okay thank you sir
I think refund of that amount is not good because of additional formalities that need to perform to get refund
I also lost my Rs.3400 refund amount because I cannot comply with additional cumbersome formalities
No , u will not get the refund , because it's only in case of 'Inverted Tax Structure' plz refer the condition therein , I don't think that u falls under Inverted tax structure, so no refund


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