Question ID :
38119
Ineligible Input Credits
We have filed application for refund under Inverted duty Structure.The Concerned Official has demanded Annexure A containing Purchase details invoice wise Here We have to bifurcate purchase input into For raw material/For Capital Goods/For Services (Wash and Dyeing) Whether Input amount paid for Capital Goods /Service Sector will be ineligible for Refund Purpose?
Posted by
Mahesh Kumar
on
Apr 29, 2019
Filed Under
GST
As per rule 89 it is ineligible for refund. But if it is utilised for payment of IGST, for export, refund can be claimed.
Posted by
CA. chunauti dholakia on
May 02, 2019
Answer ID :
76632
You can claim on capital goods also.
Posted by
CA. VENKITARAMAN K V on
May 25, 2019
Answer ID :
76633
refund of ITC on capital goods not permitted
Posted by
CA. VENKITARAMAN K V on
May 25, 2019