Dear Members,
Can we get ITC refunds if there is no supplies from that unit. Please clarify me.
Menu
ITC Refund if No Services
Replies (5)
MCA UPDATE 😊
■ MCA has extended the last date of filing DIR -3KYC without any filing fees upto 15/09/2018 from 31/08/2018.
■ The fees of ₹5,000/- shall be applicable & payable on all delayed filings w.e.f 16/09/2018.
Hi Sir, I am asking about ITC refund
No, you can't apply for refund
No ,.. you cannot get refund
As per section 54 CGST
Refund can be claim only in following condition:
Export of goods or services.
• Supplies to SEZs units and developers
• Deemed exports
• Refund of taxes on purchase made by UN or embassies etc.
• Refund of accumulated Input Tax Credit on account of inverted duty structure
• Refund of pre-deposit
As per section 54 CGST
Refund can be claim only in following condition:
Export of goods or services.
• Supplies to SEZs units and developers
• Deemed exports
• Refund of taxes on purchase made by UN or embassies etc.
• Refund of accumulated Input Tax Credit on account of inverted duty structure
• Refund of pre-deposit
Thank you Pankaj & Jatin
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
