Last Year Turnover In GSTR-1

Ghanshyam Giri

member

24 Points Joined January 2017

dear to all,

my work oil industry i am purchase oil and packing material and sale but sale gst 5% and purchase packing material 18 % so my gst input every month increase. so get gst refund should be received or not pls sugeest me.

CA Naveen Chand

Chartered Accountant

12739 Points Joined December 2016

YES MANDATORY

BUT IF U FORGET SO IT IS NOT A BIG ISSUE

FILE RETURN ON TIME

Pankaj Rawat

GST Practitioner

55067 Points Joined June 2017

Dear Ghanshyam Giri

You cannot claim refund .

The excess ITC in books can be writeoff by transfering the same to Trading Acoount (Basically add to your cost of purchase)

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

@ Mr. Ghanshyam., I think You can claim refund for the Unused ITC. Please go to contact Your circle office they can help in this regard... Also please refer this article under this link..... https://cleartax.in/s/refund-claims-under-gst-for-tax-and-itc

Menu

Ghanshyam Giri

CA Naveen Chand

Pankaj Rawat

RAJA P M

Leave a Reply

Recent Threads

Related Threads

Latest Job Openings

CA Final

Article Assistant

Accountant

GST CONSULTANT

Manager- Finance and Compliance

GST CONSULTANCY