Change in Time Limit for Claiming refund of Accumulated ITC w.e.f. 1 Feb 2018: An Analysis 

Section 54(3) of CGST Act 2017 provides refund of unutilised input tax credit. As per section 54(3), refund of unutilised input tax credit shall be allowed in the following two cases only: – (i) zero rated supplies made without payment of tax; (ii) where the credit has accumulated on account of rate of tax on […]

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