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Refund of ITC

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..... Refund of ITC
Query (Issue) Started By: - ROHIT GOEL Dated:- 16-1-2018 Last Reply Date:- 17-1-2018 Goods and Services Tax - GST
Got 3 Replies
GST
We have procured services in the month of .....

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..... July on which GST has been paid but export bill has been raised in the month of August and no sale was made in the month of July. At the time of filing of refund application of ITC for the month of .....

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..... July, refund amount comes out to be zero because of the reason that there was no sale in July. Is there any solution to claim refund of such ITC amount ??? Reply By KASTURI SETHI: The Reply: Apply .....

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..... for refund manually to jurisdictional Assistant Commissioner/ Deputy Commissioner, GST Division. I am sure you will get refund. Reply By CS SANJAY MALHOTRA: The Reply: Dear Rohit, This is one of t .....

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..... he major anomaly which has been represented to GST council but nothing favourable has come out so far. As per the formulae prescribed in Refund rules, your eligibility stands at Nil at present. Repl .....

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..... y By Harish Kohli: The Reply: Dear Rohit There will be no use going to Jurisdictional authority as they do not have any procedure of granting refund of IGST on exports. Also they donot have any pro .....

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..... cedure laid down by which they can generate scroll(payment) in case of refund of ITC. My advice to you will be to write to GST council
Discussion Forum - Knowledge Sharing .....

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