about itc

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. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register