Refund of unutilised ITC

ITC / Input 342 views 9 replies
can I claim unutilised ITC available in my credit ledger if I want to file cancellation of GST or closer of business.
Replies (9)
Hi aj,

No it is not possible

However there are other options u may consider

HAPPY TO HELP

MOHIT JAGNANI
8820448170

Not refunded.

HELO SIR/MADAM

                            THE GST FOR MONTH OF MARCH FINANCIAL YEAR 2018-2019

CAN BE TRANSFER FOR MONTH OF APRIL 2019-2020.

THANKS

 

NITIN KUMAR AGGARWAL

yes there are other option
these are the two case in which we can claim refund of unutilised ITC
1 Unutilized input tax credit on zero-rated goods/services on which no payment of tax was made can be claimed as refund.
2. Accumulation of unutilized ITC due to higher tax rate on inputs than the output supplies (other than zero-rated/exempted goods).
is there any other way than above ?
No You cannot claim unutilized credit..it will be lapsed After cancellation

Refund you cant get it

ok, thanks everyone

thanks             


CCI Pro

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