Refund of unutilised ITC

ITC / Input 385 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

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details