A Company is registered in different States under GST, having Branches in those States. The Company used to raise Invoices to their Branches (cross billing) by charging IGST. But, the outward Supply in those States is not so much that could utilize the ITC of IGST, being accumulated due to the "cross Billings" and huge amount is lying in "IGST Credit Ledger" being unutilized.
Now, the query is that - whether Refund of this unutilized ITC Credit of IGST can be taken under the GST Laws...?
CAclubindia
