REFUND OF EXTRA CREDIT IN ELECTRONIC CREDIT LEDGER

Can we take refund of extra credit lying in in our credit ledger other than by just charging IGST on exports and then claiming a refund ?

Replies (4)
Quick Summary
This discussion explores methods for refunding extra credit held in an electronic credit ledger, beyond the standard IGST refund for exports. It clarifies that a refund is possible if your purchases do not fall under the 0.1% GST bracket. The conversation also touches upon the procedure for applying for such refunds and whether it's a straightforward process.

You can do so provided your purchases don't come at 0.1% GST
Your purchases never come below 0.1%

my purchases are at 18%

what is the procedure to apply ? is it seamless like exports or a little typical ?

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