https://www.taxtmi.com/forum/issue?id=117543 Refund claims for unutilized input tax credit transferred via ITC-02 relate to credit moved on account of sale, merger, demerger, amalgamation, lease or transfer of a business; refund availability depends on the transferred ITC remaining unutilized because outward supplies attract lower tax than inputs, and claimants must satisfy the ITC-02 procedural requirements while noting that refund may be difficult where no higher-rated supplies exist for utilisation. en-us Mon, 04 Oct 2021 14:11:16 +0530 Thu, 23 Jan 2025 15:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117543 Refund claims for unutilized input tax credit transferred via ITC-02 relate to credit moved on account of sale, merger, demerger, amalgamation, lease or transfer of a business; refund availability depends on the transferred ITC remaining unutilized because outward supplies attract lower tax than inputs, and claimants must satisfy the ITC-02 procedural requirements while noting that refund may be difficult where no higher-rated supplies exist for utilisation. Discussion-Forum GST Mon, 04 Oct 2021 14:11:16 +0530 https://www.taxtmi.com/forum/issue?id=117543