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Refund of gst.

This query is : Resolved 
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(Querist)
14 November 2017 There is dept who purchase goods from unregistered dealer @ rs 1,00,000 after paying GST under RCM of Rs 5000 and sale it @ 80000 by collecting gst of Rs 4000. SO now how he can claim refund of Rs. 1000 (5000-4000).
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RAJA P M

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RAJA P M (Expert)
14 November 2017 Refund is not available.
You ll be use it as ITC for your future Liabilities...
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Rohit Shah

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Rohit Shah (Querist)
15 November 2017 why sir? any legal provision regarding this?
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RAJA P M

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RAJA P M (Expert)
15 November 2017 Yes... Unused ITC only available as refund...
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