We have procured services in the month of 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 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 ???
Business Struggles with GST ITC Refund for July; No Sales, No Refund Eligible; Council Yet to Resolve Anomaly A business faced an issue with claiming a refund of Input Tax Credit (ITC) under GST for services procured in July, as no sales occurred that month. The refund application showed zero eligibility due to the lack of sales. One response suggested manually applying for a refund to the jurisdictional GST authority. Another highlighted the issue as an anomaly recognized by the GST council, with no resolution yet. A third response advised against approaching the jurisdictional authority, as no procedure exists for granting such refunds, recommending instead to write to the GST council. (AI Summary)
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