Dear Sir,
Can we get a refund of Overflow of GST paid under RCM in Construction Industry if the same is not utilised for out put GST liability?
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Dear Sir,
Can we get a refund of Overflow of GST paid under RCM in Construction Industry if the same is not utilised for out put GST liability?
Old Query - New Comments are closed.
Refund of inverted duty str. Is not applicableon the items specified in sch. Ii 5 (b) I.e construction sector
Better option is to use it for the purpose of reduction of cost of supply of service.
Yes, Refund of Overflow of GST is not permitted for construction services whether it is ITC or ITC on RCM
Old Query - New Comments are closed.