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Whether we can claim itc refund on sale of exempt goods?

This query is : Resolved 
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(Querist)
15 February 2019 Dear Experts,

We have a Business of Selling Exempted Goods such as Animal Semens where as we used to purchase taxable Goods for the same. Can we Claim Refund of all our Input Available in our Gst Credit ledger.
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CA Anita Bhadra

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CA Anita Bhadra (Expert)
15 February 2019 No
You can not claim refund of Input Tax .
As per CGST Act 2017 - Not all persons are eligible to claim refund of unutilised input tax credit.

Only those specified in Section 54(3) of the CGST Act, 2017 are eligible to claim refund of balance in Electronic credit ledger. .

ITC cannot be claimed for inputs used in exempted goods as it will lead to negative taxation.,
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