banner_ad

Refund

158 views 2 replies

A dealer doing purchase and sales every month avail itc and claim itc.

now there was some amount is shown in credit ledger, eventhough we claim future months,

If he wants that credit back as refund can claim or not?

there is cash ledger amount as well as credit ledger amount excess.

 

Replies (2)
It is better to use for set off liabilities for next month 3B returns if arises.
You can claim the cash ledger amount, after submitting the application online in prescribed format, thereafter you need to submit relevant physical documents with the concerned department. For other ITC you need to share type of business, chapters of your product or services and reasons for excess inputs


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details