Refund of credit (ECL)

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CA
618 Points Posted on 11 May 2021
can I take refund of ITC on my purchases

ie., ITC on my electronic credit ledger
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On 11 May 2021 at 14:18 Report
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Quick Summary
You can indeed claim a refund of Input Tax Credit (ITC) from your electronic credit ledger, but it's subject to specific conditions. Primarily, refunds are available for exports and in cases of an inverted duty structure. For a comprehensive understanding of the terms and conditions, it's advisable to refer to Section 54 of the relevant legislation.

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Chartered Accountant
24588 Points Posted on 11 May 2021
Yes you can take but under certain conditions
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On 11 May 2021 at 14:25
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GST Consultant
15986 Points Posted on 12 May 2021
Only for exports and inverted duty structure
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On 12 May 2021 at 04:19
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QUALIFIED CHARTERED ACCOUNTANT
613 Points Posted on 13 May 2021

Pls read the section 54, there are certain terms and conditions relating to refund.

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On 13 May 2021 at 00:01

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