ITC Refund to Section 8 Company

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Article Assistant
129 Points Posted on 20 January 2021
If a company registered u/s 8 of Companies Act,2013, Can that company get refund of ITC paid on purchase
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On 20 January 2021 at 18:06 Report
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This discussion clarifies whether a company registered under Section 8 of the Companies Act, 2013, is eligible to receive a refund of Input Tax Credit (ITC) paid on its purchases. The consensus is that such refunds are indeed possible. It's also noted that a refund can lead to the creation of an e-credit ledger.

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Chartered Accountant
24588 Points Posted on 20 January 2021
Yes refund can be received of itc
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On 20 January 2021 at 19:16
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imran@123
47 Points Posted on 21 January 2021
Agree with sorav..e-cr ledger arise
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On 21 January 2021 at 08:04

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