ITC Refund

ITC / Input 227 views 5 replies
I purchase Raw Material at 18% GST, & Sale Finished Goods at 12% GST. Can I claim the ITC refund in cash, of the extra 6% GST which I paid to the government in the time of Raw materials purchase.
Replies (5)
Yes you can claim refund of excess gst paid by filing form RFD-01
Yes you can claim refund for inverted rate supplies.
but kindly note- you can claim refund only on input and not on input service or capital goods.
Yes you can claim refund for inverted rate supplies.
but kindly note- you can claim refund only on input and not on input service or capital goods.
@ Mr Chanchal Mondal.,

Yes Definitely...
You can claim unclaimed ITC as refund. No more restrictions in Your case...
Yes you can claim in inverted duty structure refund


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