about itc

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what if itc amount is more then output tax amount so it is refundeble or not
Replies (2)

Yes....... Refer:  eflier-refunds14062017

 and/or  refund-process-under-gst

Normally refund of ITC under Indirect Taxation is given under the cases of Exports or supply to SEZ which is known as Zero Rated Supply under GST. 


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