excess ITC of textiles

following 2 conditions must be  satisfied in order to get refund sec 54(3) of CGST 

1.ZERO RATED SUPPLY WITHOUT PAYMENT OF TAX

2. WHERE TAX PAID ON INPUT IS HIGHER THAN TAX PAID ON OUPUT (OTHER THAN NIL RATED & FULLY EXEMPT)

AS FOR AS GARMENT IS CONSIDER THEIR INPUT IS SUBJECT TO 5% ON TEXTILE ,& 18% ON OTHERS ..OUTPUT SUBJECT TO 5% , IF GARMENT VALUE LESS THAN RS.1000 & 12% IF IT EXCEEDS RS.1000

BASED ON ABOVE PROVISION U LL GET REFUND , IF YOU HAVE EXCESS ITC

@ JAY KUMAR.....

Your above said way is only others except Textile....

You ll search the options........in google articles or any other way...

why not textile...there is no specific exclusion in the act ??  i dont think so.. plz let me know specific provision regarding this ....

Really, I don't know why the government missing the textile business in that way. I'm in Coimbatore. Here also big textile industry in Tamilnadu and India. But, No one satisfied for the mis-complicate.

So, we are waiting for any Notification from Govt for Refund or Tax reduces.................

See my Argument is Simple..Govt has Given 2 conditions for claiming Refund , textile industries  satisfy  one of the condition i.e. Higher Input Tax And Lower Output Tax..Hence Eligible for Refund..then why should we wait for Govt Notification Regarding This.??? Possiblities Of reducing tax rate is very less..As they already reduce the Job work charge from 18 to 5%