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Refund of ITC for Nil rated Outword supply
Hi, one of my client supplying water in tanker which is nil rated supply . he bought one new tanker and he paid GST on it.can I apply for refund.
Replies (2)
Sorry, No Refund in this Case
As per Section 17(2) the ITC available as attributable to taxable outward supply , hence of your outward supply is Exempted you won't be able to claim ITC on your Inward supply
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