CCI Online Learning
What do you want to learn today?
     
CIBIL

Upgrad

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Refund on a\c of ITC accu. due to Inverted Tax Structure

This query is : Resolved 

My client have business of making an utensils. He purchased Raw material of SS PATTA & SS CIRCLE at 18% and after processing sold utensils at 12%. My question is that he can apply for Refund of ITC ?


YES HE CAN APPLY FOR REFUND OF ITC UNDER THE INVERTED TAX STRUCTURE UNDER SECTION 54.

Okay. Thank you very much.


Bajaj Finserv

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries





Trending Tags
X

Daily Latest Updates in your Mail Inbox