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ITC Refund on RCM Purchases

This query is : Resolved 

16 January 2021 as per Section 9(3) of the CGST Act, Purchases of Raw Cotton Subject to RCM.
my Doubt is Can a registered person Apply for Refund, the reason for asking this doubt is the RP paying every purchases made Raw Cotton as well other purchases which resulting into paying more GST and Out put GST tax liability was Less Compared to the ITC Available ( resulting from RCM paid and ITC Availed) this Resulting in to Blocking of working Capital in ITC Ledger ,

Is it Possible for Apply For Refund of ITC ??

16 January 2021 Yes, refund possible if there is no exempt output and inverted duty.

17 January 2021 You can ofcourse file refund of accumulated ITC.

18 January 2021 thank you very much for you valuable time


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