Refund of ITC IN CASE OF CLOSURE OF COMPANY
This query is : Resolved
Quick Summary
12 May 2021
A pvt. ltd. co.(travel agent) is planning to discontinue operations, it has some amount as ITC in its gstin.
Can they claim refund for the ITC? if, yes what is the process?
Can they claim refund for the ITC? if, yes what is the process?
12 May 2021
No refund of ITC can be claimed, it will lapse.
14 May 2021
No refund is claimable in such a case
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