A registered taxable person has ₹ 1000 ITC credited to his electronic credit ledger from the last return under the earlier law. Now, he switches over to composition scheme in GST, will he get refund of that ITC.

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..... fund of that ITC. - Question 7 - GST - Transitional Provisions - FAQ on GST dated 21.9.2016 based on Draft Model GST - Act-Rules - Q 7. A registered taxable person has ₹ 1000 ITC credited to h .....

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..... nic cash ledger. Where payment is made through the electronic credit ledger, excess ITC balance lying, if any, will lapse. The relevant section is section 147. - - statute, statutory provisions le .....

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