pls let me know,HOW and when to claim refund of inverted tax, which is hugely accumulating month by month after offsetting output tax liability since 3 years.Will it get lapsed ?
Time limit for refund application is 2 years from the due date of the period to which you are claiming refund and for the calculation there is a formula given in GST Law for the same. so you have to understand the formula and make an application online on portal or you can ask us for the same.
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