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ITC Refund

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V. Karthikeyan

20 Points Posted on 09 August 2020

Dear Experts,

We have ITC in inverted tax structure for Rs.100000/-. While we try to file refund we were getting message that "please fill refund application for apr to mar 20".This refund related to apr to jun 20. kindly give advice to how to get the refund.

Replies (2)

Quick Summary

This discussion addresses a query about claiming an Input Tax Credit (ITC) refund for an inverted tax structure amounting to Rs. 100,000. The user encountered an error message indicating that refund applications for April to March 20 must be filed, despite their claim relating to April to June 20. The advice provided is that all tax periods must have a refund application filed. If no refund is due for a specific period, a nil refund application should be filed, or that period can be included in the current refund application.

CA Sunil Kumar

Chartered Accountant

4524 Points Posted on 09 August 2020

Refund application for all tax periods has to be file mandatory. If there is not refund claim for a particular period, proceed to file a nil refund application for such period or include the said period in the current refund application.