GSTplus HelpCenter

Search for answers to your questions by entering keywords below, or look through our knowledge base.

  1. GSTplus HelpCenter
  2. Frequently Asked Questions
  3. Refunds

Can unutilized Input tax credit be allowed as refund?

Follow

Yes, but only in following cases as given in sub-section (2) of section 38:-

  1. Exports of goods on which export duty is not payable;
  2. Exports of services;
  3. Where credit has accumulated on account of rate of tax on inputs being higher than the rate of taxes on Outputs.
Was this article helpful?
0 out of 0 found this helpful

Comments