Refund of accumulated ITC

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..... Refund of accumulated ITC
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 6-2-2021 Last Reply Date:- 18-2-2021 Goods and Services Tax - GST
Got 2 Replies
GST
XYZ is filing refund .....

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..... claim on monthly basis for accumulated ITC due to continuous exports. However, some of the suppliers are filing quarterly returns and therefore the same is not appearing in GSTR - 2A on portal. To thi .....

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..... s extent the refund amount is not paid. Can XYZ file refund claim after end of the quarter instead of on monthly basis? If yes, under which provisions? Reply By Shilpi Jain: The Reply: The refund cl .....

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..... aim need not be filed for each month. It can be file for any length of period. Quarterly or half yearly or yearly etc. Pls check circulars issued. Must be available in circular 125 being the consolida .....

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..... ted master circular Reply By Ganesh S: The Reply: You may also refer to Circular No.135/05/2020 - GST which covers bunching of refund claims across financial years.
Discussion Forum - Knowledge .....

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..... Sharing .....

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