ITC Availiability
This query is : Resolved
15 January 2022
Our organization is a Collection & Recovery agency working with banks. Bank pays GST on RCM basis. so I have no output GST liability. But I receive services with GST i.e. Telephone bill , Computer etc. May I get refund of ITC or not ?
15 January 2022
You can't get ITC refund in such a case.
16 January 2022
You cant avail ITC therefore question of refund do not arise
16 January 2022
no refund in this case
29 January 2022
Refund can be availed only in Case of Export & Inverted Duty Strucutre, So No Refund
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