kindly tell me how to claim ITC for a quarter April May June and it directly add in my bank account.
reply me as soon as possible.
Replies (2)
Quick Summary
This discussion clarifies how to claim Input Tax Credit (ITC) for the April-June quarter and potentially transfer it to your bank account. It highlights that direct refunds to bank accounts are generally restricted to zero-rated supplies and inverted duty structures. For other cases, ITC is primarily used to offset your output tax liability.