Refund of gst.
This query is : Resolved
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).
14 November 2017
Refund is not available.
You ll be use it as ITC for your future Liabilities...
You ll be use it as ITC for your future Liabilities...
15 November 2017
why sir? any legal provision regarding this?
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