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Refund of ITC of capital goods
Can we get a refund of unutilized ITC of capital goods??
Replies (11)
take credit of such input in gstr_3b
I've already taken this credit, I'm talking about getting refund of such credit.
file rfd 01a on gst portal
But is it refundable??
adjust your tax output liability
Why do you want refund, instead setoff liabilities in next returns..
Because it's a big amount and the rate of GST in outward liability is less..
so yes u can refund it under refund application
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Refund on account of ITC accumulated due to Inverted Tax Structure |
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Thank you
WELCOME
Our purchase is @ 18% and We make sale @ 12% how should we take refund of ITC on Capital goods
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