ITC refud under GST
yamuna rani (1 Points)
05 March 2023
whether a person doing tours and travels business can claim excess ITC.
4 Replies
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 05 March 2023
ITC can be claimed based on GSTR-2B and beyond this will not be allowed
CA Raj Doshi
(Practising CA)
(8944 Points)
Replied 06 March 2023
Gst refund are applicable to certain categories like export without payment of tax, inverted duty structure etc. Only in those cases, it ispossible.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 06 March 2023
You can file refund application through services menu.
You may need to submit supporting documents to Department.
You can also use the ITC for set off in the subsequent months
You may need to submit supporting documents to Department.
You can also use the ITC for set off in the subsequent months
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