Refund of input credit tax
This query is : Resolved
10 December 2018
Hi!
We came from Korea and set up Project office in Chennai.
Now we're going to complete the project and close the office.
We have many input credit tax, then can we claim a refund of input credit tax when we close PO?
we don't want to lose our credit tax.
We came from Korea and set up Project office in Chennai.
Now we're going to complete the project and close the office.
We have many input credit tax, then can we claim a refund of input credit tax when we close PO?
we don't want to lose our credit tax.
CA Anita Bhadra
(Expert)
10 December 2018
Input tax credit shall not be available in respect of goods or services or both received by a non resident taxable person except on goods imported by him.
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