Question ID : 36870

108293

One of my client is film producer. He is registered under GST. He incurred expenditure to produce the film and availed ITC. He also collected GST from sale of rights of film. At present , the scenario is that there is balance in ITC since previous four months and he is going to stop his business. My query is that whether he can claim refund of balance in ITC?

Refund possible only when there is exp[ort or inverted duty structure. No refund of accumulated ITC for film producer.