How to claim refund of accumulated input tax credit - reg.
Querist : Anonymous
We are trading in Exempted goods and hence, no output tax to be charged by us.
Meanwhile, we have an accumulated input tax credit due to RCM on rent paid
during the period July to Sep and GST input on machinery purchase, etc, and
refund of late fee paid, which has been credited to our cash ledger.
How shall we claim refund of the accumulated Input tax credit.
Please advice.
Querist : Anonymous
But, when I checked in the GST portal, provision is there for claiming refund from Cash ledger only.
What about the ITC available in the Credit ledge ?
Pls. advice.
With Regards.
Querist : Anonymous
Sorry for the inconvenience.
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