refund


govind kumar khunteta (student)     12 March 2018

govind kumar khunteta
student 
 1 likes  45 points

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i am receiving gst invoice of rent at 18% and i'm purchasing and selling cloth at 5%.So can i claim refund of gst on rent that i have paid.

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G Vijaya Kumar (Audit Assistant)     12 March 2018

G Vijaya Kumar
Audit Assistant 
 18 likes  548 points

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You can utilize that ITC.

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govind kumar khunteta (student)     12 March 2018

govind kumar khunteta
student 
 1 likes  45 points

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okay thank you sir

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Anmol Singla   12 March 2018

Anmol Singla

 17 likes  712 points

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I think refund of that amount is not good because of additional formalities that need to perform to get refund
I also lost my Rs.3400 refund amount because I cannot comply with additional cumbersome formalities

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Pankaj Rawat (GST Practitioner)     12 March 2018

Pankaj Rawat
GST Practitioner 
 3059 likes  40878 points

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No , u will not get the refund , because it's only in case of 'Inverted Tax Structure' plz refer the condition therein , I don't think that u falls under Inverted tax structure, so no refund


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