Now I'm in the business of trading of oil. I purchase oil from local tamilnadu by paying 5% tax and selling in Interstate by adjusting CST @ 2% from ITC. Now i want to know, how to claim refund of remaining 3% of ITC available ?
18 June 2016
You shall require to make application to your jurisdictional local vat office requesting for refund. The case after due verification , refund order shall be issued.
CAclubindia
