Input refund for Online Seller

ITC / Input 249 views 2 replies

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 . 

 

Replies (2)
Registered person is eligible to claim Refund of ITC accumulated only in two cases
1. Zero rated Supplies
2. Inverted duty structure case.

In other cases, Refund of ITC Credit is not allowed.

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 


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