Refund of itc
PC Sharma (66 Points)
08 July 2020
i have paid tax through cash. hence, itc is accumulated. can i claim for refund?
5 Replies
chethan data
(298 Points)
Replied 08 July 2020
Section 54(3) cgst itc refund eligible for two circumstances
1 inverted duty structures
2 zero rated
1 inverted duty structures
2 zero rated
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 08 July 2020
@ Mr PC Sharma,
Your query is not cleared. Can You elaborate with some more details...?
Your query is not cleared. Can You elaborate with some more details...?
Vijayprakash P
(1313 Points)
Replied 08 July 2020
ITC is eligible only when it is credited to the electronic cash ledger.
Shivaprasad
(Paid Assistant)
(35 Points)
Replied 11 July 2020
Whether ITC pertains to exports or local sales
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