Itc in gst
This query is : Resolved
Yousuf Ali SIlawat
(Querist)
29 June 2018
Dear experts,
I am a civil contractor my electronic credit ledger balance is Rs 12000/- through ITC accrued through Inputs. Being a civil contractor, Can I avail refund of the amount or adjust my further tax liability ??
Regards
I am a civil contractor my electronic credit ledger balance is Rs 12000/- through ITC accrued through Inputs. Being a civil contractor, Can I avail refund of the amount or adjust my further tax liability ??
Regards
CA R SEETHARAMAN
(Expert)
29 June 2018
No refund, adjust ITC against further tax liability.
Yousuf Ali SIlawat
(Querist)
30 June 2018
Can I file the return from Aug'17 to may'18 with NIL return and how much late fee or plenty incurred ???
Dibin Divyakumar
(Expert)
30 June 2018
Late fee of Rs. 20 per return per day of delay for Nil Return, maximum to Rs. 5000/-
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