my client purchasing goods at 12% and selling at 5%.he has unutilized igst credit can he apply for refund.please give any notifications if you have
Prasad Royals (86 Points)
08 August 2019my client purchasing goods at 12% and selling at 5%.he has unutilized igst credit can he apply for refund.please give any notifications if you have
Rohika PS
(student)
(263 Points)
Replied 08 August 2019
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 08 August 2019
Yes your case is of inverted duty structure. You can claim refund of untilized balance in credit ledger.
Anshul Jain
(Professional)
(190 Points)
Replied 08 August 2019
Yes, it is a case of inverted duty structure and refund can be claimed as per Rule 89(5) of the CGST Rules, 2017
Shivam RC
(Student)
(23683 Points)
Replied 11 August 2019
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