We have applied the GST refund ( inverted duty) under CGST whereas there was balance available in IGST. Now the dept is raising objection. What's the solution?
We have applied the GST refund ( inverted duty) under CGST whereas there was balance available in IGST. Now the dept is raising objection. What's the solution?
They said they will not release the refund under CGST if we have balance in IGST.
My case was IGST balance-100 CGST balance - 150
Refund = Rs 120
Refund applied Rs 120 from CGST balance.
There is a sequence to claim refund---IGST then CGST then SGST...(as mentioned in circuler no-59)
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
