I import PVC material and selling websites and Software. I have un used IGST on imports which is of Rs.825000 approx. and its getting increased every month. Need some help to get it utilized on a regular basis.
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Need to Utilize IGST Credit in my GST Account
Replies (5)
U can set it off against output taxes.
Hi, Thanks but I don't have additional sale or purchase. Gov valuate the material at higher rate than the original purchase price and that leads to generate more input tax credit every month.
U can claim under inverted duty if u output tax rate is lesser than input tax rate.
You may claim refund of tax on inputs
Is there any experienced CA available who can do it for me. Will pay your charges.
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