TMI BlogREFUND OF ACCUMULATED GST-ITCX X X X Extracts X X X X X X X X Extracts X X X X ..... REFUND OF ACCUMULATED GST-ITC X X X X Extracts X X X X X X X X Extracts X X X X ..... hat is the proceedure to get refund of excess/accumulated GST-ITC ? Every month, the closing balance of ITC is gradually increasing in Electronic Credit Ledger...... We want refund since our fund is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unnecessarily blocked and we need for the same for working capital.. Any time frame is there...... Reply By Somil Bhansali: The Reply: As per law, refund of accumulated credit can be claimed at en ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d of financial year.
Reply By CS SANJAY MALHOTRA:
The Reply:
Please read the provisions as stated in Section 18 of CGST Act alongwith Rule 89. X X X X Extracts X X X X X X X X Extracts X X X X
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