TaxTMI 
TaxTMI 
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?
ITC in Construction Industry
13 Aug 2017 
4 Replies 
1289 Views Asked by
Input tax credit refund restrictions: overflow of ITC under reverse charge is not permitted for construction services.
Refund of unutilised input tax credit arising under the reverse charge mechanism is not available for construction services; notifications and schedule exclusions preclude inverted duty refund in this sector, and the excess ITC should be applied to reduce supply cost rather than claimed as a refund. (AI Summary)
Refund of unutilised input tax credit arising under the reverse charge mechanism is not available for construction services; notifications and schedule exclusions preclude inverted duty refund in this sector, and the excess ITC should be applied to reduce supply cost rather than claimed as a refund. (AI Summary)