Many E Commerce Sellers have already accumulated huge Input credits due to 18% GST on commission charged by ecommerce operators. Can they claim refund of ITC as it includes ITC of Goods, Commission & Others services and Fixed Assets purchased by them (They are buying/selling goods in 5% category).
Kindly suggest refund procedure as per the latest guideline by GST concil in June-July notification .
Thank you very much sir, But recently in June'20 or July'20 Govt has issue new guideline for the refund of ITC to online seller as they have to pay 18% services tax. But I am not able to get copy of notification / order of this recent amendment
Gowra Ventures Pvt Ltd
Hyderabad
CA
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CAclubindia
