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Refund of IGST

08 August 2019

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

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5 Replies

Rohika PS (student) (263 Points)
Replied 08 August 2019

https://www.indiafilings.com/learn/unutilised-input-tax-credit-refund-under-gst/

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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.

1 Like

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

subhagan sreerangam (7054 Points)
Replied 09 August 2019

good clarification and information

Shivam RC (Student) (23683 Points)
Replied 11 August 2019

Respected Subhagan Sreerangam Sir,

It has been noticed for a couple of weeks that you are constantly posting the comment "GOOD CLARIFICATION AND INFORMATION " , for increasing your points. Kindly answer the question asked by the querist without just writing "good clarification and information"..

Please abide the rules and regulations of this group. All the members, employees, executives of caclubindia are trying their level best to make this app as the Best Professional Application.

I have no intention to hurt you Sir..

Thank You.

Warm Regards.