refund from the balance of electronic credit ledger
which return to be filed for claiming itc refund from the balance of ECrL
Replies (1)
No you cannot Claim refund from ECL .
as per section 54 of CGST Act , refund can be claim on Utilised ITC from credit ledger only in case :
Export of goods or services.
• Supplies to SEZs units and developers
• Deemed exports.
• Refund of accumulated Input Tax Credit on account of inverted duty structure
as per section 54 of CGST Act , refund can be claim on Utilised ITC from credit ledger only in case :
Export of goods or services.
• Supplies to SEZs units and developers
• Deemed exports.
• Refund of accumulated Input Tax Credit on account of inverted duty structure
Recent Topics :
- Bill-to-ship-to material at client site, project c
- Export previously now to be considered domestic sa
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
Related Topics :
CAclubindia
